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India Revenue Deficit Analysis 2024-25

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 — 2024-25

4.63 lakh crore

Rs 4.63 lakh crore

Previous Year (2023-24)

6.17 lakh crore

Year-over-Year Change

-25.0%

Revenue Deficit — 5-Year Trend

Yearrevenue Deficittotal Rev Receiptstotal Rev Expenditure
2020-21Rs 10.2 lakh croreRs 16.34 lakh croreRs 26.54 lakh crore
2021-22Rs 5.35 lakh croreRs 20.73 lakh croreRs 26.08 lakh crore
2022-23Rs 5.25 lakh croreRs 23.84 lakh croreRs 29.08 lakh crore
2023-24Rs 6.17 lakh croreRs 26.64 lakh croreRs 32.81 lakh crore
2024-25Rs 4.63 lakh croreRs 31.02 lakh croreRs 35.65 lakh crore

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

Budget Snapshot — 2024-25

Total Expenditure

46.33 lakh crore

Total Receipts

46.33 lakh crore

Capital Expenditure

10.68 lakh crore

Tax Revenue

25.05 lakh crore

Fiscal Deficit

4.8% of GDP

Interest Payments

10.84 lakh crore

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