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Punjab Budget โ€” 2025-26 vs 2026-27

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

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Budget Growth โ€” 2025-26 vs 2026-27

Total Expenditure

2025-26

Rs 1.55 lakh crore

2026-27

Rs 1.67 lakh crore

2025-26 is -6.8% lower
Total Receipts

2025-26

Rs 1.17 lakh crore

2026-27

Rs 1.26 lakh crore

2025-26 is -7.7% lower
Capital Expenditure

2025-26

Rs 11,880 crore

2026-27

Rs 18,565 crore

2025-26 is -36.0% lower
Tax Revenue

2025-26

Rs 64,800 crore

2026-27

Rs 1.01 lakh crore

2025-26 is -36.0% lower
Fiscal Deficit (% GDP)

2025-26

4.2%

2026-27

4.1%

2025-26 is +2.4% higher
Interest Payments

2025-26

Rs 26,500 crore

2026-27

Rs 28,755 crore

2025-26 is -7.8% lower

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

Particulars2025-262026-27Difference
Total ReceiptsRs 1.17 lakh croreRs 1.26 lakh crore-7.7%
Tax Revenue (Net)Rs 64,800 croreRs 1.01 lakh crore-36.0%
Non-Tax RevenueRs 12,500 croreRs 15,687 crore-20.3%
Total ExpenditureRs 1.55 lakh croreRs 1.67 lakh crore-6.8%
Revenue ExpenditureRs 1.36 lakh croreRs 1.48 lakh crore-7.9%
Capital ExpenditureRs 11,880 croreRs 18,565 crore-36.0%
Interest PaymentsRs 26,500 croreRs 28,755 crore-7.8%
Fiscal DeficitRs 37,237 croreRs 39,971 crore-6.8%
Fiscal Deficit (% of GDP)4.2%4.1%โ€”
Debt-to-GDP Ratio47.1%45.1%โ€”

Department Allocation Changes โ€” 2025-26 vs 2026-27

Which departments gained or lost budget share between 2026-27 and 2025-26

Department2025-262026-27Difference
1. Education, Sports, Arts and Culture
Rs 0
Rs 21,503 crore
-100.0%
2. Education
Rs 19,200 crore
Rs 0
โ€”
3. Social Welfare and Nutrition
Rs 0
Rs 18,775 crore
-100.0%
4. Agriculture & Allied
Rs 15,500 crore
Rs 0
โ€”
5. Agriculture and Allied Activities
Rs 0
Rs 15,281 crore
-100.0%
6. Energy
Rs 12,800 crore
Rs 5,798 crore
+120.8%
7. Health & Family Welfare
Rs 10,100 crore
Rs 0
โ€”
8. Rural Development
Rs 9,500 crore
Rs 2,858 crore
+232.4%
9. Police
Rs 0
Rs 9,214 crore
-100.0%
10. Police & Home
Rs 9,100 crore
Rs 0
โ€”
11. Health and Family Welfare
Rs 0
Rs 7,787 crore
-100.0%
12. Social Welfare
Rs 7,400 crore
Rs 0
โ€”
13. Transport & Roads
Rs 5,300 crore
Rs 0
โ€”
14. Water Supply & Sanitation
Rs 5,200 crore
Rs 0
โ€”
15. Transport
Rs 0
Rs 5,153 crore
-100.0%

How Has Punjab's Budget Changed from 2026-27 to 2025-26?

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 2025-26 budget analysis or view all available comparisons.

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