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The Public Rupee

Budget versus Actual

What was budgeted, what it was revised to, and what was finally spent. Each stage is read from the Budget at a Glance that reported it, so one row here is a join across editions published up to two years apart.

Covers
2022–23
FY2022–23

This year is closed and audited: the outturn below is the Actual the Government reported in a later Budget at a Glance.

Union Budget 2022–23: prior-year actual, budget estimate, revised estimate, outturn and variance
AggregateActual2021–22Budget2022–23Revised2022–23Actual2022–23BE → ActualvarianceBE → RErevision
Revenue receipts21.70 ₹ lakh crore22.04 ₹ lakh crore23.48 ₹ lakh crore23.83 ₹ lakh crore+1.79 ₹ lakh crore+8.1%+1.44 ₹ lakh crore+6.5%
Tax revenue (net to Centre)18.05 ₹ lakh crore19.35 ₹ lakh crore20.87 ₹ lakh crore20.98 ₹ lakh crore+1.63 ₹ lakh crore+8.4%+1.52 ₹ lakh crore+7.9%
Non-tax revenue3.65 ₹ lakh crore2.70 ₹ lakh crore2.62 ₹ lakh crore2.85 ₹ lakh crore+15,770 ₹ crore+5.8%7,900 ₹ crore2.9%
Capital receipts16.24 ₹ lakh crore17.40 ₹ lakh crore18.39 ₹ lakh crore18.10 ₹ lakh crore+69,464 ₹ crore+4.0%+98,332 ₹ crore+5.6%
Total receipts37.94 ₹ lakh crore39.45 ₹ lakh crore41.87 ₹ lakh crore41.93 ₹ lakh crore+2.48 ₹ lakh crore+6.3%+2.42 ₹ lakh crore+6.1%
Revenue expenditure32.01 ₹ lakh crore31.95 ₹ lakh crore34.59 ₹ lakh crore34.53 ₹ lakh crore+2.58 ₹ lakh crore+8.1%+2.64 ₹ lakh crore+8.3%
Interest payments8.05 ₹ lakh crore9.41 ₹ lakh crore9.41 ₹ lakh crore9.29 ₹ lakh crore12,134 ₹ crore1.3%0 ₹ crore0.0%
Capital expenditure5.93 ₹ lakh crore7.50 ₹ lakh crore7.28 ₹ lakh crore7.40 ₹ lakh crore10,221 ₹ crore1.4%21,972 ₹ crore2.9%
Total expenditure37.94 ₹ lakh crore39.45 ₹ lakh crore41.87 ₹ lakh crore41.93 ₹ lakh crore+2.48 ₹ lakh crore+6.3%+2.42 ₹ lakh crore+6.1%
Fiscal deficit15.85 ₹ lakh crore16.61 ₹ lakh crore17.55 ₹ lakh crore17.38 ₹ lakh crore+76,559 ₹ crore+4.6%+94,123 ₹ crore+5.7%
Revenue deficit10.31 ₹ lakh crore9.90 ₹ lakh crore11.11 ₹ lakh crore10.70 ₹ lakh crore+79,685 ₹ crore+8.0%+1.20 ₹ lakh crore+12.1%
Primary deficit7.79 ₹ lakh crore7.21 ₹ lakh crore8.15 ₹ lakh crore8.09 ₹ lakh crore+88,693 ₹ crore+12.3%+94,123 ₹ crore+13.1%

Variance is the later figure less the Budget Estimate, and the percentage is of that Budget Estimate. Colour marks whether the movement is welcome for that particular aggregate — capital expenditure overshooting Budget is not the same news as the fiscal deficit overshooting it — and aggregates with no natural direction stay in plain ink.

Where these numbers come from

No single document states a Budget Estimate beside the outturn it produced — the two are published two years apart. So every cell above carries its own citation, and the variance columns are computed from the cells either side of them rather than read from anywhere.

  • Budget at a Glance 2023-2024

    Ministry of Finance · supplies the prior-year Actual, Revised Estimate · page 3

    UnverifiedSource record
  • CGA Monthly Accounts, up to April 2022

    Controller General of Accounts · supplies the Budget Estimate

    UnverifiedSource record
  • CGA Monthly Accounts, up to January 2023

    Controller General of Accounts · supplies the Revised Estimate

    UnverifiedSource record
  • Budget at a Glance 2024-2025

    Ministry of Finance · supplies the Actual · page 3

    UnverifiedSource record
  • Budget at a Glance 2022-2023

    Ministry of Finance · supplies the Budget Estimate · page 3

    UnverifiedSource record