Union Budget 2024: A Look into India's Financial Future

Union Budget 2024: FY25 fiscal deficit pegged at Rs 16.133 lk cr
• Financial Year 24 fiscal deficit revised to Rs 16.537 lk cr
• FY25 revenue deficit pegged at Rs 5.802 lk cr
FY24 revenue deficit revised to Rs 7.656 lk cr
• FY25 nominal GDP growth seen at 10.5%
FY25 net tax receipts seen at Rs 25.835 lk cr

FY25 fertiliser subsidy seen at Rs 1.64 lk cr
• FY25 food subsidy seen at Rs 2.05 lk cr
• FY25 petroleum subsidy seen at Rs 12,000 cr
• FY25 total subsidy seen at Rs 4.28 lk cr
• FY25 dividend, profits receipts seen Rs 2.891 lk cr

Financial Year-24 revised fertilizer subsidy at Rs 1.889 lk cr

• FY24 revised fertiliser subsidy at Rs 1.889 lk cr
• FY24 revised petroleum subsidy at Rs 12,200 cr
• FY25 pension outgo seen at Rs 2.433 lk cr
• FY25 defence outgo seen at Rs 4.548 lk cr

FY25 interest payments seen at Rs 11.62 lk cr

Financial Year 25 interest payments seen at Rs 11.62 lk cr
FY25 PSU capex seen at Rs 9.137 lk cr
FY24 interest payments revised to Rs 10.63 lk cr
• FY25 transfer to states seen at Rs 23.49 lk cr
• FY24 transfer to states revised to Rs 20.99 lk cr
FY25 MGNREGA outlay '86,000 cr, unch from interim Budget

FY25 NHAI outlay Rs 1.68 lk cr, unch from interim Budget
FY25 gross borrow at Rs 14.01 lk cr, net borrow at Rs 11.63 lk cr
FY25 corporate tax mop-up seen at Rs 10.20 lk cr
FY25 income tax mop-up seen at Rs11.87 lk cr
FY25 GST mop-up seen at Rs 10.61 lk cr
FY25 drawdown on cash seen at Rs 1.40 lk cr 

Dividend from RBI, banks seen at 1.02 lk cr in FY25
Dividend from RBI, banks seen at 1.02 lk cr in FY25
Dividend from state cos seens at sees 48,000 cr in FY25
Proposes Rs 20,000 cr cash management bills for FY25
Govt budgets Rs 7.62 lk cr through small savings in FY25