India Subsidy Allocation Analysis 2017-18
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 — 2017-18
18.79 lakh crore
Rs 18.79 lakh crore
Previous Year (2016-17)
16.91 lakh crore
Year-over-Year Change
+11.1%
Subsidy Allocation — 5-Year Trend
| Year | total Rev Expenditure | total Expenditure |
|---|---|---|
| 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 |
| 2017-18 | Rs 18.79 lakh crore | Rs 21.42 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2017-18
Total Expenditure
21.42 lakh crore
Total Receipts
21.42 lakh crore
Capital Expenditure
2.63 lakh crore
Tax Revenue
11.53 lakh crore
Fiscal Deficit
3.5% of GDP
Interest Payments
5.29 lakh crore