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
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Defence

Union Government · FY 2026-27 Budget Estimate

Ministry of Defence

₹7.85L cr
BE · FY 2026-27
+15.2%
YoY vs FY 2025-26
24.59%
Share of top-25 BE
#1
Rank of 25
Budget vs Actuals
FY 2020-21
+1.4%
Overspent vs BE
BE ₹4.71L cr
Actual ₹4.78L cr
FY 2021-22
+3.4%
Overspent vs BE
BE ₹4.78L cr
Actual ₹4.94L cr
FY 2022-23
+2.9%
Overspent vs BE
BE ₹5.25L cr
Actual ₹5.40L cr
FY 2023-24
-1.3%
Underspent vs BE
BE ₹5.94L cr
Actual ₹5.86L cr
FY 2024-25
-0.6%
Underspent vs BE
BE ₹6.22L cr
Actual ₹6.18L cr
FY 2025-26
-13.4%
Underspent vs BE
BE ₹6.81L cr
Actual ₹5.90L cr
Expenditure by fiscal year · Budget Estimate + Actuals
Saffron = latest FY Budget Estimate. Green actuals = audited (CAG). Dashed amber actuals = provisional YTD (CGA), revises when CAG audits publish. X-axis in ₹ lakh crore.
History · all tracked fiscal years
Download CSV ↓
Fiscal YearBEREActualsVarianceProvenanceSource doc
FY 2020-21₹4.71L cr₹4.85L cr₹4.78L cr+1.4% Auditedsrc ↗Budget doc ↗
FY 2021-22₹4.78L cr₹5.03L cr₹4.94L cr+3.4% Auditedsrc ↗Budget doc ↗
FY 2022-23₹5.25L cr₹5.85L cr₹5.40L cr+2.9% Auditedsrc ↗Budget doc ↗
FY 2023-24₹5.94L cr₹6.24L cr₹5.86L cr-1.3% Auditedsrc ↗Budget doc ↗
FY 2024-25₹6.22L cr₹6.41L cr₹6.18L cr-0.6% Auditedsrc ↗Budget doc ↗
FY 2025-26₹6.81L cr₹7.33L cr₹5.90L cr-13.4%P Provisional · Feb 2026Budget doc ↗
FY 2026-27₹7.85L crBudget doc ↗
Audited = final, from CAG Union Government Finance Accounts. P Provisional = cumulative YTD from CGA Monthly Accounts; revises when CAG audits publish (~12-24 months later). The CSV export preserves this distinction.
Ranked neighbours · FY 2026-27 BE
#2
Road Transport & Highways
₹3.10L cr
#3
Railways
₹2.81L cr
Ministry of Defence is the #1 Union ministry by FY 2026-27 Budget Estimate, accounting for 24.59% of the top-25 tracked ministries' combined allocation of ₹31.91L cr. Year-on-year the allocation moved +15.2% from FY 2025-26.