Wednesday 18 November 2015

BUDGET ESTIMATE 2015 - 16

BUDGET ESTIMATE 2015 - 16 

Budget Estimate
Non-Plan expenditure estimates for the Financial Year are estimated at Rs.13,12,200 crore.
Plan expenditure is estimated to be Rs.4,65,277 crore, which is very near to the R.E. of 2014-15.
Total Expenditure has accordingly been estimated at Rs.17,77,477 crore.
The requirements for expenditure on Defence, Internal Security and other necessary expenditures are adequately provided.
Gross Tax receipts are estimated to be Rs.14,49,490 crore. Devolution to the States is estimated to be Rs.5,23,958 crore. Share of Central Government will be Rs.9,19,842 crore. Non Tax Revenues for the next fiscal are estimated to be Rs.2,21,733 crore.
With the above estimates, fiscal deficit will be 3.9 per cent of GDP and Revenue Deficit will be 2.8 per cent of GDP.

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