The Finane Minister of this state presented the Rs 1,58,493 crore state budget for FY 2019-20.

Punjab State budget of Rs. 48,663.90 crore was presented by Finance Minister Prakash Pant who described it as a balanced budget by prioritising education, health, agriculture, employment generation in rural areas, infrastructure, housing and urban development. It is said to be a surplus budget with the total expenditure for the Financial Year 2019-20 standing around 48,663.90 crore and total earnings for the period around Rs 48,679.43 crore. Interest-free loans of up to Rs 1 lakh shall be provided to poor and small farmers. Interest-free loans amounting to Rs 5 lakh shall be given to self-help groups involved in agro-related activities. Rs 1,341 crore have been allocated to agriculture and horticulture in the budget while Rs 3,141.34 crore have been allocated to rural development and Panchayati Raj department. Rs 2,545.40 crore have been allocated for medical health, family welfare and medical education while Rs 1,073 crore for the education sector.