Vol. 02 · Union Budget 2026-27 · thepublicrupee.com · Radical Transparency Edition · 25 April 2026

The Public Rupee

A sovereign ledger for a republic of 1.4 billion — every rupee collected, every rupee spent, traced to the document.

Total Expenditure BE 2026-27

₹53.47L Cr

Fiscal Deficit

₹16.96L Cr

4.4% of GDP

RECEIPTS ₹36.52L CR ▲ 7.2%EXPENDITURE ₹53.47L CR ▲ 7.7%FISCAL DEFICIT ₹16.96L CR · 4.4% GDPSTATES SHARE ₹26.21L CR · 41% DEVOLUTIONINTEREST PAYMENTS ₹13.35L CR · LARGEST LINE ITEMGROSS BORROWING ₹15.68L CRRBI SURPLUS ₹2.69L CR TRANSFERREDCAPEX ₹11.21L CR ▲ 10.1%DEFENCE ₹6.97L CRINCOME TAX ₹11.23L CR ▲ 14.4%CORPORATION TAX ₹9.63L CR ▲ 10.8%GST ₹10.75L CR ▲ 11.0%SUBSIDIES ₹5.06L CRPM-KISAN ₹68,000 CR · 9.3 CR FARMERSRECEIPTS ₹36.52L CR ▲ 7.2%EXPENDITURE ₹53.47L CR ▲ 7.7%FISCAL DEFICIT ₹16.96L CR · 4.4% GDPSTATES SHARE ₹26.21L CR · 41% DEVOLUTIONINTEREST PAYMENTS ₹13.35L CR · LARGEST LINE ITEMGROSS BORROWING ₹15.68L CRRBI SURPLUS ₹2.69L CR TRANSFERREDCAPEX ₹11.21L CR ▲ 10.1%DEFENCE ₹6.97L CRINCOME TAX ₹11.23L CR ▲ 14.4%CORPORATION TAX ₹9.63L CR ▲ 10.8%GST ₹10.75L CR ▲ 11.0%SUBSIDIES ₹5.06L CRPM-KISAN ₹68,000 CR · 9.3 CR FARMERS
← Data Library

RBI MPC Policy Decision

Reserve Bank of India · Ad hoc

Repo rate, CRR, SLR decisions and monetary policy stance

59
Total releases
38
Mirrored on CDN
FY 2026-27
Most recent year
FY 2016-17
Earliest year
PRESS_RELEASE~0 day lag after period end
5.25%
Repo rate · 8 Apr 2026
Hold
Latest decision
Neutral
Current stance
5 Dec 2025
Unchanged since
Repo rate trajectory · LAF corridor (SDF ↔ MSF) shaded
The corridor band shows SDF (floor, post-Apr 2022) to MSF (ceiling); repo is the policy anchor at the corridor midpoint.
On 8 Apr 2026, the MPC set repo at 5.25% — holding from the previous decision at 5.25%. Stance: neutral.
Source documents · 59 releases
Jump to year
Official source
Publisher website ↗
FY 2026-27
PeriodPublishedStorageSizeDownload
8 April 2026
Repo: 5.25%SDF: 5.00%MSF: 5.50%Stance: neutral
2026-04-08Official—
FY 2025-26
PeriodPublishedStorageSizeDownload
6 February 2026
Repo: 5.25%SDF: 5.00%MSF: 5.50%Stance: neutral
2026-02-06Official—
5 December 2025
Repo: 5.25%SDF: 5.00%MSF: 5.50%Stance: neutral
2025-12-05Official—
1 October 2025
Repo: 5.50%SDF: 5.25%MSF: 5.75%Stance: neutral
2025-10-01CDN468 KB
6 August 2025
Repo: 5.50%SDF: 5.25%MSF: 5.75%Stance: neutral
2025-08-06CDN489 KB
6 June 2025
Repo: 5.50%SDF: 5.25%MSF: 5.75%Stance: neutral
2025-06-06CDN213 KB
9 April 2025
Repo: 6.00%SDF: 5.75%MSF: 6.25%Stance: neutral
2025-04-09Official—
FY 2024-25
PeriodPublishedStorageSizeDownload
7 February 2025
Repo: 6.25%SDF: 6.00%MSF: 6.50%Stance: neutral
2025-02-07Official—
6 December 2024
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: neutral
2024-12-06CDN680 KB
9 October 2024
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: neutral
2024-10-09Official—
8 August 2024
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2024-08-08Official—
7 June 2024
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2024-06-07CDN181 KB
5 April 2024
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2024-04-05CDN116 KB
FY 2023-24
PeriodPublishedStorageSizeDownload
8 February 2024
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2024-02-08CDN150 KB
8 December 2023
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2023-12-08Official—
6 October 2023
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2023-10-06CDN110 KB
10 August 2023
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2023-08-10CDN110 KB
8 June 2023
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2023-06-08Official—
6 April 2023
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2023-04-06CDN117 KB
FY 2022-23
PeriodPublishedStorageSizeDownload
8 February 2023
Repo: 6.50%SDF: 6.25%MSF: 6.75%Stance: withdrawal of accommodation
2023-02-08CDN117 KB
7 December 2022
Repo: 6.25%SDF: 6.00%MSF: 6.50%Stance: withdrawal of accommodation
2022-12-07CDN157 KB
30 September 2022
Repo: 5.90%SDF: 5.65%MSF: 6.15%Stance: withdrawal of accommodation
2022-09-30CDN109 KB
5 August 2022
Repo: 5.40%SDF: 5.15%MSF: 5.65%Stance: withdrawal of accommodation
2022-08-05CDN116 KB
8 June 2022
Repo: 4.90%SDF: 4.65%MSF: 5.15%Stance: withdrawal of accommodation
2022-06-08CDN158 KB
4 May 2022
Repo: 4.40%SDF: 4.15%MSF: 4.65%Stance: accommodative
2022-05-04CDN147 KB
8 April 2022
Repo: 4.00%SDF: 3.75%MSF: 4.25%Stance: accommodative
2022-04-08Official—
FY 2021-22
PeriodPublishedStorageSizeDownload
10 February 2022
Repo: 4.00%MSF: 4.25%Stance: accommodative
2022-02-10CDN117 KB
8 December 2021
Repo: 4.00%MSF: 4.25%Stance: accommodative
2021-12-08CDN121 KB
8 October 2021
Repo: 4.00%MSF: 4.25%Stance: accommodative
2021-10-08CDN74 KB
6 August 2021
Repo: 4.00%MSF: 4.25%Stance: accommodative
2021-08-06CDN118 KB
4 June 2021
Repo: 4.00%MSF: 4.25%Stance: accommodative
2021-06-04CDN5.4 MB
7 April 2021
Repo: 4.00%MSF: 4.25%Stance: accommodative
2021-04-07CDN2.7 MB
FY 2020-21
PeriodPublishedStorageSizeDownload
5 February 2021
Repo: 4.00%MSF: 4.25%Stance: accommodative
2021-02-05CDN71 KB
4 December 2020
Repo: 4.00%MSF: 4.25%Stance: accommodative
2020-12-04CDN117 KB
9 October 2020
Repo: 4.00%MSF: 4.25%Stance: accommodative
2020-10-09CDN84 KB
6 August 2020
Repo: 4.00%MSF: 4.25%Stance: accommodative
2020-08-06CDN131 KB
22 May 2020
Repo: 4.00%MSF: 4.25%Stance: accommodative
2020-05-22CDN74 KB
FY 2019-20
PeriodPublishedStorageSizeDownload
27 March 2020
Repo: 4.40%MSF: 4.65%Stance: accommodative
2020-03-27CDN111 KB
6 February 2020
Repo: 5.15%MSF: 5.40%Stance: accommodative
2020-02-06CDN130 KB
5 December 2019
Repo: 5.15%MSF: 5.40%Stance: accommodative
2019-12-05CDN109 KB
4 October 2019
Repo: 5.15%MSF: 5.40%Stance: accommodative
2019-10-04CDN109 KB
7 August 2019
Repo: 5.40%MSF: 5.65%Stance: accommodative
2019-08-07CDN213 KB
6 June 2019
Repo: 5.75%MSF: 6.00%Stance: accommodative
2019-06-06Official—
4 April 2019
Repo: 6.00%MSF: 6.25%Stance: neutral
2019-04-04CDN109 KB
FY 2018-19
PeriodPublishedStorageSizeDownload
7 February 2019
Repo: 6.25%MSF: 6.50%Stance: neutral
2019-02-07Official—
5 December 2018
Repo: 6.50%MSF: 6.75%Stance: calibrated tightening
2018-12-05CDN65 KB
5 October 2018
Repo: 6.50%MSF: 6.75%Stance: calibrated tightening
2018-10-05CDN109 KB
1 August 2018
Repo: 6.50%MSF: 6.75%Stance: neutral
2018-08-01Official—
6 June 2018
Repo: 6.25%MSF: 6.50%Stance: neutral
2018-06-06Official—
5 April 2018
Repo: 6.00%MSF: 6.25%Stance: neutral
2018-04-05CDN145 KB
FY 2017-18
PeriodPublishedStorageSizeDownload
7 February 2018
Repo: 6.00%MSF: 6.25%Stance: neutral
2018-02-07Official—
6 December 2017
Repo: 6.00%MSF: 6.25%Stance: neutral
2017-12-06CDN2.2 MB
4 October 2017
Repo: 6.00%MSF: 6.25%Stance: neutral
2017-10-04Official—
2 August 2017
Repo: 6.00%MSF: 6.25%Stance: neutral
2017-08-02Official—
7 June 2017
Repo: 6.25%MSF: 6.50%Stance: neutral
2017-06-07Official—
6 April 2017
Repo: 6.25%MSF: 6.50%Stance: neutral
2017-04-06Official—
FY 2016-17
PeriodPublishedStorageSizeDownload
8 February 2017
Repo: 6.25%MSF: 6.50%Stance: neutral
2017-02-08Official—
7 December 2016
Repo: 6.25%MSF: 6.50%Stance: accommodative
2016-12-07CDN109 KB
4 October 2016
Repo: 6.25%MSF: 6.50%Stance: accommodative
2016-10-04Official—