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Govt's FY19 Budget size: Around Rs 23.4 lakh crore

The projected total spending is 9% higher than the 2017-18 total Union Budget size of Rs 21.47 lakh cr

Arup Roychoudhury  |  New Delhi 

As the finance ministry starts its Budget preparations, one number will act as the starting point for all the work it does between now and February 1: Rs 23.4 lakh crore. That is the total projected expenditure, and hence, the possible size of the Budget, for 2018-19, as laid out in the Medium Term Expenditure Framework (MTEF). The 2017-18 MTEF, tabled in Parliament in August, projects expenditure, and its break-up into various categories, allocations and classifications, for 2018-19 and 2019-20. The projected total spending is 9 per cent higher than the 2017-18 total Union Budget ...

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First Published: Tue, October 03 2017. 00:40 IST
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