India Subsidy Allocation Analysis 2004-05
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 — 2004-05
3.82 lakh crore
Rs 3.82 lakh crore
Previous Year (2003-04)
3.62 lakh crore
Year-over-Year Change
+5.5%
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 |
| 2003-04 | Rs 3.62 lakh crore | Rs 4.71 lakh crore |
| 2004-05 | Rs 3.82 lakh crore | Rs 4.98 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2004-05
Total Expenditure
4.98 lakh crore
Total Receipts
5.05 lakh crore
Capital Expenditure
1.14 lakh crore
Tax Revenue
2.31 lakh crore
Fiscal Deficit
3.9% of GDP
Interest Payments
1.27 lakh crore