India Subsidy Allocation Analysis 2022-23
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 — 2022-23
29.08 lakh crore
Rs 29.08 lakh crore
Previous Year (2021-22)
26.08 lakh crore
Year-over-Year Change
+11.5%
Subsidy Allocation — 5-Year Trend
| Year | total Rev Expenditure | total Expenditure |
|---|---|---|
| 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 |
| 2021-22 | Rs 26.08 lakh crore | Rs 33.07 lakh crore |
| 2022-23 | Rs 29.08 lakh crore | Rs 37.59 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2022-23
Total Expenditure
37.59 lakh crore
Total Receipts
39.67 lakh crore
Capital Expenditure
8.18 lakh crore
Tax Revenue
19.22 lakh crore
Fiscal Deficit
6.4% of GDP
Interest Payments
9.26 lakh crore