India Subsidy Allocation Analysis 2006-07
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 — 2006-07
5.15 lakh crore
Rs 5.15 lakh crore
Previous Year (2005-06)
4.39 lakh crore
Year-over-Year Change
+17.2%
Subsidy Allocation — 5-Year Trend
| Year | total Rev Expenditure | total Expenditure |
|---|---|---|
| 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 |
| 2005-06 | Rs 4.39 lakh crore | Rs 5.06 lakh crore |
| 2006-07 | Rs 5.15 lakh crore | Rs 5.83 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2006-07
Total Expenditure
5.83 lakh crore
Total Receipts
5.9 lakh crore
Capital Expenditure
68,778 crore
Tax Revenue
3.51 lakh crore
Fiscal Deficit
3.3% of GDP
Interest Payments
1.5 lakh crore