India Subsidy Allocation Analysis 2002-03
Government subsidies on food, fertiliser, and fuel form a significant portion of revenue expenditure. Subsidy reform — through direct benefit transfer (DBT) and targeting — is central to India's fiscal consolidation strategy.
Subsidy Allocation — 2002-03
3.39 lakh crore
Rs 3.39 lakh crore
Previous Year (2001-02)
3.01 lakh crore
Year-over-Year Change
+12.4%
Subsidy Allocation — 5-Year Trend
| Year | total Rev Expenditure | total Expenditure |
|---|---|---|
| 2000-01 | Rs 2.78 lakh crore | Rs 3.26 lakh crore |
| 2001-02 | Rs 3.01 lakh crore | Rs 3.62 lakh crore |
| 2002-03 | Rs 3.39 lakh crore | Rs 4.13 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2002-03
Total Expenditure
4.13 lakh crore
Total Receipts
4.1 lakh crore
Capital Expenditure
74,535 crore
Tax Revenue
1.59 lakh crore
Fiscal Deficit
5.9% of GDP
Interest Payments
1.17 lakh crore