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India Budget โ€” 2025-26 vs 2026-27

Year-over-year budget comparison showing how India's fiscal priorities have changed

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Budget Growth โ€” 2025-26 vs 2026-27

Total Expenditure

2025-26

Rs 49.63 lakh crore

2026-27

Rs 53.47 lakh crore

2025-26 is -7.2% lower
Total Receipts

2025-26

Rs 32.95 lakh crore

2026-27

Rs 35.33 lakh crore

2025-26 is -6.7% lower
Capital Expenditure

2025-26

Rs 10.97 lakh crore

2026-27

Rs 12.22 lakh crore

2025-26 is -10.2% lower
Tax Revenue

2025-26

Rs 26.7 lakh crore

2026-27

Rs 28.67 lakh crore

2025-26 is -6.9% lower
Fiscal Deficit (% GDP)

2025-26

4.4%

2026-27

4.3%

2025-26 is +2.3% higher
Interest Payments

2025-26

Rs 12.73 lakh crore

2026-27

Rs 14.04 lakh crore

2025-26 is -9.3% lower

Receipts & Expenditure โ€” Year-over-Year Change

Particulars2025-262026-27Difference
Total ReceiptsRs 32.95 lakh croreRs 35.33 lakh crore-6.7%
Tax Revenue (Net)Rs 26.7 lakh croreRs 28.67 lakh crore-6.9%
Non-Tax RevenueRs 6.25 lakh croreRs 6.66 lakh crore-6.1%
Total ExpenditureRs 49.63 lakh croreRs 53.47 lakh crore-7.2%
Revenue ExpenditureRs 38.75 lakh croreRs 41.25 lakh crore-6.1%
Capital ExpenditureRs 10.97 lakh croreRs 12.22 lakh crore-10.2%
Interest PaymentsRs 12.73 lakh croreRs 14.04 lakh crore-9.3%
Fiscal DeficitRs 14.33 lakh croreRs 15.41 lakh crore-7.0%
Fiscal Deficit (% of GDP)4.4%4.3%โ€”
Debt-to-GDP Ratio56.1%55.6%โ€”

Department Allocation Changes โ€” 2025-26 vs 2026-27

Which departments gained or lost budget share between 2026-27 and 2025-26

Department2025-262026-27Difference
1. Ministry of Finance (Interest Payments & Transfers)
Rs 18.28 lakh crore
Rs 19.73 lakh crore
-7.3%
2. Ministry of Defence
Rs 7.06 lakh crore
Rs 7.85 lakh crore
-10.1%
3. Ministry of Road Transport & Highways
Rs 2.75 lakh crore
Rs 3.1 lakh crore
-11.3%
4. Ministry of Railways
Rs 2.62 lakh crore
Rs 2.81 lakh crore
-6.9%
5. Ministry of Home Affairs
Rs 2.35 lakh crore
Rs 2.55 lakh crore
-7.8%
6. Ministry of Consumer Affairs, Food & Public Distribution
Rs 2.23 lakh crore
Rs 2.39 lakh crore
-6.5%
7. Ministry of Rural Development
Rs 1.8 lakh crore
Rs 1.97 lakh crore
-8.6%
8. Ministry of Chemicals & Fertilisers
Rs 1.69 lakh crore
Rs 1.77 lakh crore
-4.5%
9. Ministry of Agriculture & Farmers' Welfare
Rs 1.3 lakh crore
Rs 1.41 lakh crore
-7.5%
10. Ministry of Education
Rs 1.27 lakh crore
Rs 1.39 lakh crore
-8.5%
11. Ministry of Health & Family Welfare
Rs 94,500 crore
Rs 1.07 lakh crore
-11.3%
12. Ministry of Communications
Rs 95,000 crore
Rs 1.02 lakh crore
-7.0%
13. Ministry of Jal Shakti
Rs 70,000 crore
Rs 94,670 crore
-26.1%
14. Ministry of Housing & Urban Affairs
Rs 57,200 crore
Rs 85,522 crore
-33.1%
15. Ministry of Women & Child Development
Rs 27,300 crore
Rs 31,720 crore
-13.9%

How Has India's Budget Changed from 2026-27 to 2025-26?

Comparing budgets across years helps track fiscal consolidation progress, shifts in spending priorities, and revenue growth patterns. The gap between Budget Estimates and Revised Estimates is a key indicator of fiscal discipline and realistic projection capability.

Capital expenditure trends show the government's commitment to infrastructure development, while revenue expenditure patterns indicate recurring obligations like salaries, pensions, and interest payments. A rising capital-to-revenue expenditure ratio generally signals productive spending.

Explore the full 2025-26 budget analysis or view all available comparisons.

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