In fiscal 2022-23, total expenditure RE at Rs 41.8 trillion, posting an increase of 6.14% over budgeted estimates. �Budgeted revenue expenditure in Fy24 is Rs 37.8 trillion which reflects an increase of Rs 0.4 trillion against FY23. The revenue expenditure is estimated at 78% of the total expenditure. The major components of the revenue expenditure of the Government include Interest payments and debt servicing (24% of total expenditure), Subsidies (8.32% of total expenditure), Salaries and Pensions (5.2% of total expenditure), Defence expenditure (5.67% of total expenditure.
