[NEWS]2026 India Budget

Fiscal Year 2026
GDP in billions $4,976.09
GDP growth rate 6.64%
GDP per capita $3,467.77
Tax Revenue as % of GDP 24.20%
Tax Collected (Millions) $1,204,214.33
Population in thousands 1,434,954
Population growth 0.60%
Percentage of Tax Revenue Spent 112.11%
Available Budget (Millions) $1,350,044.69
Surplus/Deficit -$145,830.36
Previous Debt $1,402,174.00
Current Debt $1,548,004.36
Current Debt as % of GDP 31.11%

Breakdown by Departments

Department Percentage Budget in millions
Ministry of Commerce and Industry 4.00% $54,001.79
Ministry of External Affairs 2.00% $27,000.89
Ministry of Civil Aviation 0.90% $12,150.40
Ministry of Home Affairs 3.80% $51,301.70
Ministry of Consumer Affairs, Food and Public Distribution 1.10% $14,850.49
Ministry of Statistics and Programme Implementation 0.50% $6,750.22
Ministry of Power 6.90% $93,153.08
Ministry of Communications and Information Technology 3.00% $40,501.34
Ministry of Tourism 0.80% $10,800.36
Ministry of Labour and Employment 1.50% $20,250.67
Ministry of Drinking Water and Sanitation 1.10% $14,850.49
Ministry of Agriculture and Farmers Welfare 9.50% $128,254.25
Ministry of Defence 10.00% $135,004.47
Ministry of Skill Development and Entrepreneurship 1.50% $20,250.67
Ministry of Health and Family Welfare 8.70% $117,453.89
Ministry of Micro, Small and Medium Enterprises 1.80% $24,300.80
Ministry of Environment, Forest and Climate Change 2.00% $27,000.89
Ministry of Personnel, Public Grievances and Pensions 6.00% $81,002.68
Ministry of Education 9.90% $133,654.42
Ministry of Youth Affairs and Sports 2.60% $35,101.16
Ministry of Science and Technology 4.00% $54,001.79
Ministry of Railways 8.30% $112,053.71
Ministry of Road Transport and Highways 5.10% $68,852.28
Ministry of Urban Development 2.00% $27,000.89
Ministry of Finance and Economic Planning 0.20% $2,700.09
Ministry of Rural Development 2.00% $27,000.89
Ministry of Information and Broadcasting 0.80% $10,800.36
Total 100.00% $1,350,044.69

[META]: For Moderators

Base Growth Regional Growth Bonus or Penalty
4.44% 1.30% 0.300%
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