The share of the Centre's revenue receipts (taxes plus non-tax revenue) that goes to paying interest.
| Period | Value | Status | Base |
|---|---|---|---|
| 2026-27 | 39.7 | Budget estimate | |
| 2025-26 | 38.1 | Revised estimate | |
| 2024-25 | 36.7 | Actual | |
| 2023-24 | 39.0 | Actual | |
| 2022-23 | 39.0 | Actual | |
| 2021-22 | 37.1 | Actual | |
| 2022-23 | 34.0 | ||
| 2018-19 | 23.0 | ||
| 2017-18 | 24.3 | ||
| 2016-17 | 24.2 | ||
| 2015-16 | 25.2 | ||
| 2014-15 | 27.2 | ||
| 2013-14 | 25.7 | ||
| 2012-13 | 24.9 | ||
| 2011-12 | 22.9 | ||
| 2010-11 | 22.8 | ||
| 2009-10 | 28.5 | ||
| 2008-09 | 26.5 | ||
| 2007-08 | 23.4 | ||
| 2006-07 | 25.6 | ||
| 2005-06 | 28.6 | ||
| 2004-05 | 31.9 | ||
| 2003-04 | 36.1 | ||
| 2002-03 | 39.5 | ||
| 2001-02 | 40.9 | ||
| 2000-01 | 38.9 | ||
| 1999-00 | 37.2 | ||
| 1998-99 | 37.4 | ||
| 1997-98 | 32.9 | ||
| 1996-97 | 32.1 | ||
| 1995-96 | 31.9 | ||
| 1994-95 | 33.6 | ||
| 1993-94 | 34.0 | ||
| 1992-93 | 29.5 | ||
| 1991-92 | 28.9 | ||
| 1990-91 | 27.6 | ||
| 1989-90 | 24.5 | ||
| 1988-89 | 23.9 | ||
| 1987-88 | 22.4 | ||
| 1986-87 | 20.6 | ||
| 1985-86 | 19.6 | ||
| 1984-85 | 19.0 | ||
| 1983-84 | 17.5 | ||
| 1982-83 | 15.6 | ||
| 1981-82 | 14.1 | ||
| 1980-81 | 13.8 | ||
| 1979-80 | 12.9 | ||
| 1978-79 | 12.8 | ||
| 1977-78 | 11.6 | ||
| 1976-77 | 11.5 | ||
| 1975-76 | 10.3 | ||
| 1974-75 | 10.3 |
It measures how much of each rupee of income is spoken for before any new spending. It was 37% in 2013-14 and 42% in 2020-21, and is budgeted at about 40% in 2026-27.
Revenue receipts exclude borrowing, so the ratio can rise even when interest payments are flat if revenues are weak. It is the Centre only; states pay interest too.
Interest payments (fiscal deficit minus primary deficit) divided by revenue receipts, × 100.