Finance Minister Nirmala Sitharaman on Saturday presented the Union Budget 2025-26, outlining an expenditure of ₹50,65,345 crore, a 7.4 per cent increase over the current fiscal. The Revised Estimates for 2024-25 stand at ₹47.16 lakh crore.
According to Budget documents, ₹5,41,850.21 crore has been earmarked for Centrally Sponsored Schemes for the financial year starting 1 April 2025, compared to ₹4,15,356.25 crore for the current financial year.
For central sector schemes, ₹16.29 lakh crore has been allocated for FY26, up from ₹15.13 lakh crore in 2024-25.
The rise in budgeted expenditure for 2025-26 is due to several factors, including higher interest payments on market loans, treasury bills, external loans, small savings, and provident funds. Increased requirements for the Armed Forces, including capital expenditure, and greater provisions for employment generation schemes have also contributed to the increase.
The total proposed capital expenditure for the next fiscal is ₹11.22 lakh crore, with an effective capital expenditure of ₹15.48 lakh crore.
The total resources being transferred to states, including devolution of states' share, grants/loans, and releases under Centrally Sponsored Schemes, amount to ₹25,01,284 crore in Budget 2025-26—an increase of ₹4,91,668 crore over the actuals for 2023-24.
If the resources of public enterprises are included, the total expenditure in the Budget rises to ₹54.97 lakh crore.