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INDIAN BUDGET AT A GLANCE

 



BUDGET at a Glance presents broad
aggregates of the budget for easy understanding.
This document shows receipts and expenditures as
well as the Fiscal Deficit (FD), Revenue Deficit
(RD, Effective Revenue Deficit (ERD) and the
Primary Deficit (PD) of the Government of India.
It gives an illustrative account of sources of receipts
and their expenditure through graphs and info-
graphics.
with respect to the resources transferred to the States
and UTs with legislature.
encompasses extracts of allocations for programs
and schemes and giving insights on sources of
deficit financing and composition of importance
Budgetary variables. 


 2. Fiscal Deficit (FD) is the adverse fiscal 
balance which is a difference between the Revenue
Receipts Plus Non-Debt Capital Receipts (NDCR)
ie total of the non-debt receipts and the total
expenditure. FD is reflective of the total borrowing
requirement of Government Revenue Deficit (RD)
refers to the excess of revenue expenditure over
revenue receipts. Effective Revenue Deficit (ERD)
is the difference between Revenue Deficit and
Grant-in-Aid for Creation of Capital Assets.
Primary Deficit is measured as Fiscal Deficit less
interest ( Eff
-Capex) refers to the sum of Capital
Expenditure and Grants-in-Aid for Creation of
Capital Assets.



3. The receipts and expenditures depicted in
This document are net of receipts and recoveries as
explained in the reconciliation statements provided
in the Receipt Budget (Annex-3) and Expenditure
Profile Document (Statement No. 17).  4. In RE 2022-23 , the total expenditure has been estimated at `41,87,232 crore and is more than Actuals of FY 2021-22 by ` 3,93,431 crore . expenditure in BE 2023-24 is estimated at `45,03,097 crore of which total capital expenditure is `10,00,961 crore.  5.Budget 2023-24 reflects continuing strong commitment of the Union Government to boost economic growth by investing







in infrastructure development leading to an increase
in capital expenditure by 37.4 per cent over RE
2022-23. Effective Capital Expenditure, at
`13,70,949 crore in BE 2023-24, shows an increase
of 30.1 per cent over RE 2022-23.  6 Total resources being transferred to the States including the devolution of State's share, Grants/Loans and releases under Centrally Sponsored Schemes, etc. in BE 2023-24 is `17,97,537 crore, which shows an increase of `1,43,056 crore over Actuals of FY 2021-22.