Union Budget 2007-08

Actual Actual figures, published in Budget 2009-10.

2007-08 spending and receipts include about ₹35,500 crore for the transfer of RBI's stake in State Bank of India to the government.

Total spending
₹7.13 lakh crore
+22.2% on 2006-07 (actual)
Raised without borrowing
₹5.86 lakh crore
Taxes, other revenue, asset sales
Borrowing (fiscal deficit)
₹1.27 lakh crore
2.7% of GDP
Interest payments
₹1.71 lakh crore
32 paise of every rupee of revenue
Capital spending
₹1.18 lakh crore
17% of all spending

Where each rupee comes from

Out of every ₹1 the Centre raises, before handing states their share of taxes.

  1. Corporation tax22 paise₹1.93 lakh crore
  2. Borrowing (fiscal deficit)15 paise₹1.27 lakh crore
  3. Excise duties14 paise₹1.23 lakh crore
  4. Customs12 paise₹1.04 lakh crore
  5. Income tax12 paise₹1.03 lakh crore
  6. Non-tax revenue (dividends, interest, fees)12 paise₹1.02 lakh crore
  7. Service tax6 paise₹51,301 crore
  8. Loan recoveries and disinvestment5 paise₹43,895 crore
  9. Other taxes2 paise₹18,747 crore

Source: Budget at a Glance; Receipts, Budget 2009-10 (Actuals for 2007-08). Official PDF · How it's checked

Where each rupee goes

States' share of taxes, interest, and spending by ministry.

  1. Interest on government debt20 paise₹1.71 lakh crore
  2. States' share of central taxes18 paise₹1.52 lakh crore
  3. Ministry of Defence13 paise₹1.09 lakh crore
  4. Ministry of Rural Development3 paise₹30,222 crore
  5. Ministry of Education3 paise₹27,185 crore
  6. Ministry of Home Affairs3 paise₹25,191 crore
  7. All other ministries (45)12 paise₹1.02 lakh crore

Source: Receipts; Statement of ministries' expenditure, Budget 2009-10 (Actuals for 2007-08). Official PDF · How it's checked

Announced vs what happened

How far the actual for 2007-08 landed from the Budget Estimate announced in Budget 2007-08. Blue means more than budgeted, red means less.