Budget at a Glance 2021

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Budget at a Glance 2021

Budget at a Glance presents broad aggregates of the budget for easy understanding. This document shows receipts and expenditure as well as the Fiscal Deficit (FD), Revenue Deficit (RD, Effective Revenue Deficit (ERD) and the Primary Deficit (PD) of the Government of India. It gives an illustrative account of sources of receipts and their expenditure through graphs and info-graphics. In addition, the document contains the resources transfered to States and UTs with legislature. The document also contain extracts of allocations for programme and schemes and giving
insights on sources of deficit financing and composition of important budgetary variables.

Fiscal Deficit is the difference between the Revenue Receipts plus Non-Debt Capital Receipts (NDCR) and
the total expenditure. FD is reflective of the total borrowing requirement of Government. Revenue Deficit
refers to the excess of revenue expenditure over revenue receipts. Effective Revenue Deficit is the
difference between Revenue Deficit and Grants for Creation of Capital Assets. Primary Deficit is measured
as Fiscal Deficit less interest payments.

Budget 2021-22 reflects firm commitment of the Government to boost economic growth by investing in
infrastructure development. This is substantiated by increase in capital expenditure by 34.5% (`1,42,151
crore) over BE 2020-21.

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