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India Revenue Deficit Analysis 2019-20

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 — 2019-20

6.67 lakh crore

Rs 6.67 lakh crore

Previous Year (2018-19)

4.54 lakh crore

Year-over-Year Change

+46.7%

Revenue Deficit — 5-Year Trend

Yearrevenue Deficittotal Rev Receiptstotal Rev Expenditure
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
2018-19Rs 4.54 lakh croreRs 15.53 lakh croreRs 20.07 lakh crore
2019-20Rs 6.67 lakh croreRs 16.84 lakh croreRs 23.51 lakh crore

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

Budget Snapshot — 2019-20

Total Expenditure

26.86 lakh crore

Total Receipts

26.86 lakh crore

Capital Expenditure

4.27 lakh crore

Tax Revenue

13.57 lakh crore

Fiscal Deficit

4.6% of GDP

Interest Payments

6.28 lakh crore

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