India's fiscal deficit narrowed to INR 5.47 trillion in April-October 2021-22 from INR 9.53 trillion in the comparable year-earlier period. That was equivalent to 36.3 percent of the government’s estimate for this financial year, compared with 119.7 percent of budget aim in the same period last year. Total receipts jumped 80.7 percent to INR 12.80 trillion as the economy recovers from the pandemic hit, while expenditure was up 9.9 percent to INR 18.27 trillion. source: Controller General Of Accounts, India

Government Budget Value in India averaged -266608.05 INR Tens of Millions from 1997 until 2021, reaching an all time high of -9406 INR Tens of Millions in April of 1997 and a record low of -1821461 INR Tens of Millions in March of 2021. This page provides the latest reported value for - India Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Central Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Government Budget Value in India is expected to be -1000000.00 INR Tens of Millions by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Central Government Budget Value is projected to trend around -1250000.00 INR Tens of Millions in 2022 and -1220000.00 INR Tens of Millions in 2023, according to our econometric models.

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India Central Government Budget Value


Calendar GMT Actual Previous Consensus TEForecast
2021-10-29 11:30 AM Sep INR-5268.5B INR-4680B INR -860B
2021-11-30 11:00 AM Oct INR-5470.3B INR-5268.5B INR-5000B
2021-12-31 11:30 AM Nov INR-5470.3B


Related Last Previous Unit Reference
Government Budget Value -547026.00 -526851.00 INR Tens of Millions Oct/21
Government Revenues 1279699.00 1099166.00 INR Tens of Millions Oct/21
Fiscal Expenditure 1826725.00 1626017.00 INR Tens of Millions Oct/21

News Stream
India Fiscal Deficit Narrows in April-October
India's fiscal deficit narrowed to INR 5.47 trillion in April-October 2021-22 from INR 9.53 trillion in the comparable year-earlier period. That was equivalent to 36.3 percent of the government’s estimate for this financial year, compared with 119.7 percent of budget aim in the same period last year. Total receipts jumped 80.7 percent to INR 12.80 trillion as the economy recovers from the pandemic hit, while expenditure was up 9.9 percent to INR 18.27 trillion.
2021-11-30
India Budget Deficit Narrows in April-September
India’s fiscal deficit narrowed to INR 5.3 trillion in April-September of 2021-22 from INR 9.1 trillion in the corresponding month of the previous fiscal year. That was equivalent to 35 percent of the government’s estimate for this financial year, compared with 114.8 percent of budget aim in the same period last year. Total Receipts jumped 94.4 percent to INR 11 trillion, while total expenditure rose at a softer 10 percent to INR 16.3 trillion.
2021-10-29
India Budget Deficit Narrows in April-August
India’s fiscal deficit narrowed to INR 4.7 trillion in April-August of 2021-22 from INR 8.7 trillion in the corresponding month of the previous fiscal year. That was equivalent to 31.1 percent of the government’s estimate for this financial year, compared with 109.3 percent of budget aim in the same period last year. Receipts jumped 119 percent to INR 8.1 trillion, while total expenditure dropped 11.2 percent to INR 11.1 trillion.
2021-09-30

India Central Government Budget Value
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.