India Revenue Deficit Analysis 2020-21
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 — 2020-21
10.2 lakh crore
Rs 10.2 lakh crore
Previous Year (2019-20)
6.67 lakh crore
Year-over-Year Change
+53.0%
Revenue Deficit — 5-Year Trend
| Year | revenue Deficit | total Rev Receipts | total Rev Expenditure |
|---|---|---|---|
| 2016-17 | Rs 3.16 lakh crore | Rs 13.74 lakh crore | Rs 16.91 lakh crore |
| 2017-18 | Rs 4.44 lakh crore | Rs 14.35 lakh crore | Rs 18.79 lakh crore |
| 2018-19 | Rs 4.54 lakh crore | Rs 15.53 lakh crore | Rs 20.07 lakh crore |
| 2019-20 | Rs 6.67 lakh crore | Rs 16.84 lakh crore | Rs 23.51 lakh crore |
| 2020-21 | Rs 10.2 lakh crore | Rs 16.34 lakh crore | Rs 26.54 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2020-21
Total Expenditure
31.54 lakh crore
Total Receipts
32.77 lakh crore
Capital Expenditure
5.05 lakh crore
Tax Revenue
13.64 lakh crore
Fiscal Deficit
9.2% of GDP
Interest Payments
7.06 lakh crore