Charting a new growth path: Budget projects non-tax streams poised to rise

Challenges

  Despite RBI dividends,  share of non-tax revenue in Centre’s total receipts has fallen 

  Except in FY18 and FY19, receipts from disinvestment have remained well below the Budget targets 

 

Takeaways

  Budgeted receipts from disinvestment and asset monetisation have dropped marginally in the Budget

  The Budget projects the share of non-tax revenue (as % of GDP) to increase in FY25 and FY26