India Subsidy Allocation Analysis 2007-08
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 — 2007-08
5.94 lakh crore
Rs 5.94 lakh crore
Previous Year (2006-07)
5.15 lakh crore
Year-over-Year Change
+15.4%
Subsidy Allocation — 5-Year Trend
| Year | total Rev Expenditure | total Expenditure |
|---|---|---|
| 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 |
| 2007-08 | Rs 5.94 lakh crore | Rs 7.13 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2007-08
Total Expenditure
7.13 lakh crore
Total Receipts
7.13 lakh crore
Capital Expenditure
1.18 lakh crore
Tax Revenue
4.4 lakh crore
Fiscal Deficit
2.5% of GDP
Interest Payments
1.71 lakh crore