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Punjab Budget โ€” 2020-21 vs 2026-27

Year-over-year budget comparison showing how Punjab's fiscal priorities have changed

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Budget Growth โ€” 2020-21 vs 2026-27

Total Expenditure

2020-21

Rs 1.05 lakh crore

2026-27

Rs 1.67 lakh crore

2020-21 is -37.0% lower
Total Receipts

2020-21

Rs 70,800 crore

2026-27

Rs 1.26 lakh crore

2020-21 is -43.9% lower
Capital Expenditure

2020-21

Rs 13,000 crore

2026-27

Rs 18,565 crore

2020-21 is -30.0% lower
Tax Revenue

2020-21

Rs 33,500 crore

2026-27

Rs 1.01 lakh crore

2020-21 is -66.9% lower
Fiscal Deficit (% GDP)

2020-21

6.6%

2026-27

4.1%

2020-21 is +61.0% higher
Interest Payments

2020-21

Rs 19,700 crore

2026-27

Rs 28,755 crore

2020-21 is -31.5% lower

Receipts & Expenditure โ€” Year-over-Year Change

Particulars2020-212026-27Difference
Total ReceiptsRs 70,800 croreRs 1.26 lakh crore-43.9%
Tax Revenue (Net)Rs 33,500 croreRs 1.01 lakh crore-66.9%
Non-Tax RevenueRs 8,800 croreRs 15,687 crore-43.9%
Total ExpenditureRs 1.05 lakh croreRs 1.67 lakh crore-37.0%
Revenue ExpenditureRs 92,000 croreRs 1.48 lakh crore-37.9%
Capital ExpenditureRs 13,000 croreRs 18,565 crore-30.0%
Interest PaymentsRs 19,700 croreRs 28,755 crore-31.5%
Fiscal DeficitRs 32,200 croreRs 39,971 crore-19.4%
Fiscal Deficit (% of GDP)6.6%4.1%โ€”
Debt-to-GDP Ratio49.1%45.1%โ€”

Department Allocation Changes โ€” 2020-21 vs 2026-27

Which departments gained or lost budget share between 2026-27 and 2020-21

Department2020-212026-27Difference
1. Education, Sports, Arts and Culture
Rs 0
Rs 21,503 crore
-100.0%
2. Social Welfare and Nutrition
Rs 0
Rs 18,775 crore
-100.0%
3. Agriculture and Allied Activities
Rs 0
Rs 15,281 crore
-100.0%
4. Police
Rs 0
Rs 9,214 crore
-100.0%
5. Health and Family Welfare
Rs 0
Rs 7,787 crore
-100.0%
6. Energy
Rs 0
Rs 5,798 crore
-100.0%
7. Transport
Rs 0
Rs 5,153 crore
-100.0%
8. Urban Development
Rs 0
Rs 2,945 crore
-100.0%
9. Irrigation and Flood Control
Rs 0
Rs 2,943 crore
-100.0%
10. Rural Development
Rs 0
Rs 2,858 crore
-100.0%

How Has Punjab's Budget Changed from 2026-27 to 2020-21?

Comparing budgets across years helps track fiscal consolidation progress, shifts in spending priorities, and revenue growth patterns. The gap between Budget Estimates and Revised Estimates is a key indicator of fiscal discipline and realistic projection capability.

Capital expenditure trends show the government's commitment to infrastructure development, while revenue expenditure patterns indicate recurring obligations like salaries, pensions, and interest payments. A rising capital-to-revenue expenditure ratio generally signals productive spending.

Explore the full 2020-21 budget analysis or view all available comparisons.

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