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India Subsidy Allocation Analysis 2014-15

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 — 2014-15

14.49 lakh crore

Rs 14.49 lakh crore

Previous Year (2013-14)

13.74 lakh crore

Year-over-Year Change

+5.5%

Subsidy Allocation — 5-Year Trend

Yeartotal Rev Expendituretotal Expenditure
2010-11Rs 9.86 lakh croreRs 11.97 lakh crore
2011-12Rs 11.18 lakh croreRs 13.04 lakh crore
2012-13Rs 12.44 lakh croreRs 14.1 lakh crore
2013-14Rs 13.74 lakh croreRs 15.58 lakh crore
2014-15Rs 14.49 lakh croreRs 16.64 lakh crore

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

Budget Snapshot — 2014-15

Total Expenditure

16.64 lakh crore

Total Receipts

16.64 lakh crore

Capital Expenditure

1.83 lakh crore

Tax Revenue

9.05 lakh crore

Fiscal Deficit

4.1% of GDP

Interest Payments

4.02 lakh crore

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