India Subsidy Allocation Analysis 2016-17
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 — 2016-17
16.91 lakh crore
Rs 16.91 lakh crore
Previous Year (2015-16)
15.13 lakh crore
Year-over-Year Change
+11.8%
Subsidy Allocation — 5-Year Trend
| Year | total Rev Expenditure | total Expenditure |
|---|---|---|
| 2012-13 | Rs 12.44 lakh crore | Rs 14.1 lakh crore |
| 2013-14 | Rs 13.74 lakh crore | Rs 15.58 lakh crore |
| 2014-15 | Rs 14.49 lakh crore | Rs 16.64 lakh crore |
| 2015-16 | Rs 15.13 lakh crore | Rs 17.91 lakh crore |
| 2016-17 | Rs 16.91 lakh crore | Rs 19.75 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2016-17
Total Expenditure
19.75 lakh crore
Total Receipts
19.75 lakh crore
Capital Expenditure
2.68 lakh crore
Tax Revenue
10.93 lakh crore
Fiscal Deficit
3.5% of GDP
Interest Payments
4.81 lakh crore