BT Graphics:
Union Budget 2023; Expectations, Estimations

Source: Budget Documents, Ministry of Finance

Finance Minister Nirmala Sitharaman is going to announce Union Budget 2023-24 on February 1. Here are a few Budget estimates 

Union Budget 2023

Budget 2023: Expenditure outpacing revenue collection

There is growing debt caused by the mismatch in spending and revenue

Budget 2023: Gross Tax Components

Share of Direct Taxes is expected to be higher

Union Budget 2023:
Government expenditure

The Union Government is pushing up the capital expenditure to boost growth

Budget 2023: Centre's
interest burden

Take a look at the percentage of revenue receipts 

Budget 2023: India's
fiscal deficit

In terms of the percentage of GDP, India's fiscal deficit stands at -6.4% in 2023

Disclaimer

Source: Budget Documents, Ministry of Finance

Data for 2023 are Budget Estimates (BE), for 2022 Revised Estimates (RE) 

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