Punjab Budget โ 2022-23 vs 2021-22
Year-over-year budget comparison showing how Punjab's fiscal priorities have changed
Budget Growth โ 2022-23 vs 2021-22
2022-23
Rs 1.4 lakh crore
2021-22
Rs 1.19 lakh crore
2022-23
Rs 96,500 crore
2021-22
Rs 82,500 crore
2022-23
Rs 18,000 crore
2021-22
Rs 14,500 crore
2022-23
Rs 47,500 crore
2021-22
Rs 40,200 crore
2022-23
5.5%
2021-22
5.2%
2022-23
Rs 22,700 crore
2021-22
Rs 20,800 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2022-23 | 2021-22 | Difference |
|---|---|---|---|
| Total Receipts | Rs 96,500 crore | Rs 82,500 crore | +17.0% |
| Tax Revenue (Net) | Rs 47,500 crore | Rs 40,200 crore | +18.2% |
| Non-Tax Revenue | Rs 12,500 crore | Rs 10,800 crore | +15.7% |
| Total Expenditure | Rs 1.4 lakh crore | Rs 1.19 lakh crore | +18.1% |
| Revenue Expenditure | Rs 1.22 lakh crore | Rs 1.04 lakh crore | +17.3% |
| Capital Expenditure | Rs 18,000 crore | Rs 14,500 crore | +24.1% |
| Interest Payments | Rs 22,700 crore | Rs 20,800 crore | +9.1% |
| Fiscal Deficit | Rs 35,500 crore | Rs 30,000 crore | +18.3% |
| Fiscal Deficit (% of GDP) | 5.5% | 5.2% | โ |
| Debt-to-GDP Ratio | 46.2% | 46.4% | โ |
How Has Punjab's Budget Changed from 2021-22 to 2022-23?
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 2022-23 budget analysis or view all available comparisons.
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