India's fiscal deficit widened to INR 5.95 trillion in April-September 2018 from INR 4.99 trillion in the same period of the previous fiscal year. Total expenditure went up 13.5 percent to INR 13.04 trillion and revenues rose 9.1 percent to INR 7.09 trillion. The budget gap is equivalent to 95.3 percent of the government’s target for the whole financial year, compared with 91.3 percent a year ago. India's government expects to cut the deficit to 3.3 percent of GDP this fiscal year, after meeting its deficit target of 3.5 percent of GDP in 2017/18. Government Budget Value in India averaged -2022.79 INR Billion from 1997 until 2018, reaching an all time high of -94.06 INR Billion in April of 1997 and a record low of -7156.99 INR Billion in February of 2018.

India Central Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 10:00 AM Government Budget Value INR -5403B INR -4290B INR -5245.6B
2018-09-25 11:00 AM Government Budget Value INR -5913B INR -5403B INR -5072.9B
2018-10-25 10:20 AM Government Budget Value INR -5947B INR -5913B INR -5010B
2018-11-30 10:30 AM Government Budget Value INR -5947B INR -4784.3B
2018-12-28 10:30 AM Government Budget Value INR -4653.1B

India Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.70 69.60 84.20 66.00 percent [+]
Government Budget -3.53 -3.52 -2.53 -8.13 percent of GDP [+]
Government Budget Value -5947.32 -5912.91 -94.06 -7156.99 INR Billion [+]
Government Spending 3972.15 3310.31 3972.15 735.82 INR Billion [+]
Government Revenues 7094.83 4795.68 15510.04 0.82 INR Billion [+]
Fiscal Expenditure 13042.15 10708.59 21426.67 136.55 INR Billion [+]
Military Expenditure 59757.10 56637.60 59757.10 2590.70 USD Million [+]
Credit Rating 47.56 [+]
Government Spending To GDP 12.74 13.27 19.42 11.81 percent of GDP [+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-5947.32 -5912.91 -94.06 -7156.99 1997 - 2018 INR Billion Monthly
Current Prices, NSA

Country Last
Argentina -22854.30 Sep/18
Australia -5446.00 Sep/18
Brazil -39173.00 Sep/18
Canada -1875.00 Aug/18
China -357.10 Sep/18
France -87.10 Sep/18
Germany 10.72 Mar/18
India -5947.32 Sep/18
Indonesia -347356.70 Dec/17
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Mexico -80181.00 Sep/18
Netherlands -8.90 Sep/18
Russia 2548.22 Sep/18
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Singapore 2069.10 Jul/18
South Africa 15912.00 Sep/18
South Korea 15993.00 Aug/18
Spain -13245.00 Sep/18
Switzerland 1373.00 Dec/18
Turkey -5692472.00 Sep/18
United Kingdom -1174.00 Sep/18
United States -100000.00 Oct/18