India's fiscal deficit widened to INR 9.32 trillion in April-December 2019-20 from INR 7.01 trillion in the corresponding period of the previous fiscal year. That was equivalent to 132.4 percent of the government’s budget estimate for this financial year. Total spending rose 15.2 percent to INR 21.10 trillion and receipts increased 4.2 percent to INR 11.78 trillion. Total expenditure and total receipts were 75.7 percent and 56.6 percent respectively of FY20 estimates. India Central Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in India averaged -2259.73 INR Billion from 1997 until 2019, reaching an all time high of -94.06 INR Billion in April of 1997 and a record low of -9317.25 INR Billion in December of 2019. 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. source: Controller General Of Accounts, India

Government Budget Value in India is expected to be -9800.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in India to stand at -6208.00 in 12 months time. In the long-term, the India Central Government Budget Value is projected to trend around -6208.00 INR Billion in 2021 and -6000.00 INR Billion in 2022, according to our econometric models.


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India Central Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-9317.25 -8078.34 -94.06 -9317.25 1997 - 2019 INR Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-31 10:30 AM Sep INR-6516B INR-5538B INR-6100B
2019-11-29 11:10 AM Oct INR-7204B INR-6516B INR-6720B
2019-12-31 11:00 AM Nov INR-8078B INR-7204B INR-7410B
2020-01-31 11:30 AM Dec INR-9317.3B INR-8078B INR-7620B
2020-02-28 11:30 AM Jan INR-9317.3B INR-9740B
2020-03-31 11:30 AM Feb INR-10070B
2020-05-29 11:30 AM Mar INR -9800B
2020-05-29 11:30 AM Apr INR-1870B


News Stream
India Budget Deficit Widens Sharply in Apr-Dec
India's fiscal deficit widened to INR 9.32 trillion in April-December 2019-20 from INR 7.01 trillion in the corresponding period of the previous fiscal year. That was equivalent to 132.4 percent of the government’s budget estimate for this financial year. Total spending rose 15.2 percent to INR 21.10 trillion and receipts increased 4.2 percent to INR 11.78 trillion. Total expenditure and total receipts were 75.7 percent and 56.6 percent respectively of FY20 estimates.
2020-01-31
India Fiscal Deficit Widens in April-November
India's fiscal deficit widened to INR 8.08 trillion in April-November 2019-20 from INR 7.17 trillion in the corresponding period of the previous fiscal year. That was equivalent to 114.8 percent of the government’s budget estimate for this financial year. Total spending rose 12.8 percent to INR 18.20 trillion and receipts increased 12.9 percent to INR 10.12 trillion. Total expenditure and total receipts were 65.3 percent and 48.6 percent respectively of FY20 estimates.
2019-12-31
India Budget Gap Rises in October
India's fiscal deficit widened to INR 7.2 trillion in April-October 2019-20 from INR 6.49 trillion in the corresponding period of the previous fiscal year. That was equivalent to 102.4 percent of the government’s budget estimate for this financial year, compared to 103.9 percent in the same period last year. Total spending rose 13.6 percent to INR 16.5 trillion and receipts increased 15.6 percent to INR 9.34 trillion. Total expenditure and total receipts were 59.4 percent and 44.9 percent respectively of FY20 estimates.
2019-11-29
India Fiscal Deficit Widens in April-September
India's fiscal deficit widened to INR 6.52 trillion in April-September 2019-20 from INR 5.95 trillion in the corresponding period of the previous fiscal year. That was equivalent to 92.6 percent of the government’s budget estimate for this financial year, compared to 95.3 percent in the same period last year. Total spending rose 14.1 percent to INR 14.89 trillion and revenues went up 18 percent to INR 8.37 trillion.
2019-10-31

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.