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India Revenue Deficit Analysis 2017-18

The revenue deficit shows whether the government earns enough revenue to cover its day-to-day expenses. A persistent revenue deficit means the government borrows not just for investment but for routine spending — a sign of fiscal stress.

Revenue Deficit — 2017-18

4.44 lakh crore

Rs 4.44 lakh crore

Previous Year (2016-17)

3.16 lakh crore

Year-over-Year Change

+40.2%

Revenue Deficit — 5-Year Trend

Yearrevenue Deficittotal Rev Receiptstotal Rev Expenditure
2013-14Rs 3.17 lakh croreRs 10.56 lakh croreRs 13.74 lakh crore
2014-15Rs 3.47 lakh croreRs 11.01 lakh croreRs 14.49 lakh crore
2015-16Rs 3.11 lakh croreRs 12.02 lakh croreRs 15.13 lakh crore
2016-17Rs 3.16 lakh croreRs 13.74 lakh croreRs 16.91 lakh crore
2017-18Rs 4.44 lakh croreRs 14.35 lakh croreRs 18.79 lakh crore

Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.

Budget Snapshot — 2017-18

Total Expenditure

21.42 lakh crore

Total Receipts

21.42 lakh crore

Capital Expenditure

2.63 lakh crore

Tax Revenue

11.53 lakh crore

Fiscal Deficit

3.5% of GDP

Interest Payments

5.29 lakh crore

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