India Revenue Deficit Analysis 2021-22
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 — 2021-22
5.35 lakh crore
Rs 5.35 lakh crore
Previous Year (2020-21)
10.2 lakh crore
Year-over-Year Change
-47.6%
Revenue Deficit — 5-Year Trend
| Year | revenue Deficit | total Rev Receipts | total Rev Expenditure |
|---|---|---|---|
| 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 |
| 2021-22 | Rs 5.35 lakh crore | Rs 20.73 lakh crore | Rs 26.08 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2021-22
Total Expenditure
33.07 lakh crore
Total Receipts
35.36 lakh crore
Capital Expenditure
5.93 lakh crore
Tax Revenue
16.89 lakh crore
Fiscal Deficit
6.7% of GDP
Interest Payments
8.53 lakh crore