India Government Budget Value

Last Release

May 31, 2025

Actual

-13,163

Units In

INR Tens of Millions

-186,332

Frequency

Monthly

Next Release

Jul 31, 2025

Time to Release

29 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
-9,406 Apr 1997	-17,331,000 Mar 2023	-472,600.01 INR Tens of Millions	1997-2025	N/A

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In India, government budget value refers to the cumulative amount of the central government fiscal deficit for current fiscal year.

Latest Updates

India’s fiscal deficit stood at INR 0.13 trillion in April-May 2025–26, down from INR 0.51 trillion in the same period a year earlier, representing 0.8% of the government’s full-year target compared to 3.1% last year. Total receipts jumped 28.0% year-on-year to INR 7.33 trillion, or 21.0% of the annual goal, with net tax revenues accounting for INR 3.51 trillion. Meanwhile, total expenditure rose 19.7% to INR 7.46 trillion, or 14.7% of the full-year target. Capital spending—largely directed toward infrastructure—reached 19.7% of its yearly objective. The government aims to narrow the fiscal deficit to 4.4% of GDP in FY2025–26, down from 4.8% in the previous fiscal year.