The India Budget for 2024-25 estimates total expenditure of Rs. 47.65 lakh crore with revenue expenditure accounting for 75% of the total. Revenue receipts are estimated at Rs. 30.01 lakh crore while borrowings are projected to make up 34% of total receipts at Rs. 16.85 lakh crore, resulting in a fiscal deficit of Rs. 16.85 lakh crore. GDP is projected to grow by 10.5% to Rs. 327 lakh crore with per capita income rising to Rs. 2,34,000.

1. India Budget 2024-25
Total Estimate Rs 47,65,768,0000000
• Total Expenditure Rs 47,65,768 crore ( 47.65 Lakh crore )
• Revenue Expenditure Rs 36.54 Lakh crore
• Interest Payment Rs 11.90 Lakh crore
• Capital Expenditure Rs 11.11 lakh crore
• Revenue Receipts Rs 30.01 lakh crore
• Tax Revenue Rs 26.01 lakh crore
• Non Tax Revenue Rs 3.99 lakh crore
• Borrowings Rs 16.85 lakh cr
• Revenue Deficit Rs 6.53 cr
• Fiscial Deficit Rs 16.85 lakh crore
2/10/2024 sanjaydessai@gmail.com

2. India Budget 2024-25
Total expenditure in percentage terms
• Revenue Expenditure Rs 36.54 Lakh crore 75%
• Interest Payment Rs 11.90 lakh crore 25%
• Capital Expenditure Rs 11. 11 lakh croe 23%
• Grant in aid for creation of capital asset Rs. 3.85 lakh crore 8%
• Revenue Deficit Rs 6.53 lakh crore 14%
• Fiscal Deficit Rs 16.85 lakh crore 35%
2/10/2024 sanjaydessai@vvm.edu.in

3. Expenditure heads in percentage
• Central Govt Schemes 16%
• State Ttax Share 20%
• Subsidy 6%
• Defence 8%
• Pension 4%
• Other Expenses 9%
• Centrally Sponsered Schemes 8%
• Interest Payment 20%
2/10/2024 sanjaydessai@vvm.edu.in

4. India Budget 2024-25
GDP Numbers
• FY 2024-25 Rs 327 Lakh crore. 4trillion $
• FY 2023-24 Rs 296 Lakh crore
• GDP growth rate 10.5 %
• Per capita income Rs 2,34,000
2/10/2024 sanjaydessai@vvm.edu.in

5. Income Heads in Percentage
• Income tax 19%
• GST 18%
• Corporate tax 17%
• Excise 5%
• Customs 4%
• Non tax receipts 7%
• Borrowings 34%
2/10/2024 sanjaydessai@vvm.edu.in

6. GDP and Per Capita - Top 5 countries
Country GDP in trillion
Dollars
Per capita in
Dollars
USA 27.9 83,000
China 18.5 13,000
Germany 4.73 56,000
Japan 4.29 34,000
India 4.10 2,850
2/10/2024 sanjaydessai@vvm.edu.in