India Subsidy Allocation Analysis 2020-21
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 — 2020-21
26.54 lakh crore
Rs 26.54 lakh crore
Previous Year (2019-20)
23.51 lakh crore
Year-over-Year Change
+12.9%
Subsidy Allocation — 5-Year Trend
| Year | total Rev Expenditure | total Expenditure |
|---|---|---|
| 2016-17 | Rs 16.91 lakh crore | Rs 19.75 lakh crore |
| 2017-18 | Rs 18.79 lakh crore | Rs 21.42 lakh crore |
| 2018-19 | Rs 20.07 lakh crore | Rs 23.15 lakh crore |
| 2019-20 | Rs 23.51 lakh crore | Rs 26.86 lakh crore |
| 2020-21 | Rs 26.54 lakh crore | Rs 31.54 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2020-21
Total Expenditure
31.54 lakh crore
Total Receipts
32.77 lakh crore
Capital Expenditure
5.05 lakh crore
Tax Revenue
13.64 lakh crore
Fiscal Deficit
9.2% of GDP
Interest Payments
7.06 lakh crore