January 2024

• Key sectors with major budget allocations

  • Capital Expenditure
  • State Finances
  • Revenue and Capital Receipts
  • Expenditure Breakdown
  • Deficit Metrics
• Effective Capital Expenditure


  Total capital expenditure plus grants in aid for capital assets
• Total Capital Expenditure: ₹11,11,111 crore, a 16.9% increase over 2023-24 RE
• Effective Capital Expenditure: ₹14,96,693 crore, a 17.7% increase over 2023-24 RE
• Resources transferred to states in 2024-25: ₹22,22,264 crore, an increase of ₹4,13,848 crore over 2022-23 Actuals
• Tax revenue (Net to Centre) projected at ₹26,01,574 crore, non-tax revenue at ₹3,99,701 crore
• Expenditure on revenue account: ₹36,54,657 crore, including interest payments of ₹11,90,440 crore and grants in aid for capital account creation of ₹3,85,582 crore
• Fiscal deficit projected at ₹16,85,494 crore, 5.1% of Nominal GDP
• Revenue deficit: ₹6,53,383 crore, Effective revenue deficit: ₹2,67,801 crore
• Primary deficit: ₹4,95,054 crore
• Major items in Effective Capital Expenditure

  • Pension
  • Defence
  • Subsidies
  • Agriculture and Allied Activities
  • Education
  • Health
  • Interest Payments
  • Others
• Allocation for Defence Ministry: ₹6.1 lakh crore
• Allocation for Ministry of road transport and highways: ₹2.78 lakh crore
• Allocation for Ministry of railways: ₹2.55 lakh crore
• Allocation for Ministry of consumer affairs, food & public distribution: ₹2.13 lakh crore
• Allocation for Ministry of home affairs: ₹2.03 lakh crore
• Allocation for Ministry of rural development: ₹1.77 lakh crore
• Allocation for Ministry of chemicals and fertilizers: ₹1.68 lakh crore
• Allocation for Ministry of communications: ₹1.37 lakh crore
• Allocation for Ministry of agriculture and farmer's welfare: ₹1.27 lakh crore
• Allocation for Ministry of Education: ₹1.24 Lakh Crore
• Allocation for Ministry of Health: ₹90,171 Crore
• Key items in transfer of resources to states and UTs

  • Devolution of states' share in taxes
  • Other important items of transfer
  • Finance Commission Grants
• Devolution of states' share in taxes: ₹12,19,783 crore in 2024-25
• Other important items of transfer: ₹1,88,703 crore in 2024-25
• Finance Commission Grants: ₹1,32,378 crore in 2024-25
• Major schemes with budget allocation

  • Core of the Core Schemes
  • Core Schemes
  • Major Central Sector Schemes
• Mahatma Gandhi National Rural Employment Guarantee Program: ₹86,000 crore
• Pradhan Mantri Awas Yojna (PMAY): ₹80,671 crore
• Jal Jeevan Mission/National Rural Drinking Water Mission: ₹70,163 crore
• National Health Mission: ₹38,183 crore
• Samagra Shiksha: ₹37,500 crore
• Pradhan Mantri Kisan Samman Nidhi: ₹60,000 crore
• Modified Interest Subvention Scheme: ₹22,600 crore
• Hiyan


  • ₹1,064 crore
• Vibrant Villages Programme


  • ₹1,050 crore
• Infrastructure Facilities for Judiciary


  • ₹1,000 crore
• Prime Minister Formalisation of Micro Food Processing Enterprises Scheme


  • ₹880 crore
• Environment, Forestry and Wildlife


  • ₹714 crore
• National River Conservation Plan – Other Basins


  • ₹592 crore