Budget 2025 Key Numbers: Capex, fiscal deficit and more...here're the revised numbers from Sitharaman's 'bahi-khata'

Union Budget: Finance Minister Nirmala Sitharaman on Saturday presented her eighth consecutive Budget for the next fiscal i.e. FY26.

In her first Budget in 2019, she made a symbolic change by replacing the traditional leather briefcase, used for carrying Budget documents for decades, with a 'bahi-khata' wrapped in red cloth. This year's Budget was also paperless, continuing the trend from the last three years.

Here are the key numbers from Union Budget for 2025-26:


Fiscal Deficit: Finance minister Nirmala Sitharaman announced that the fiscal deficit for FY25 is projected at 4.8% of GDP, with a target of 4.4% for FY26. According to the fiscal consolidation plan, the government had aimed to reduce this to 4.5% of GDP by FY26. For FY25, the number was revised to 4.8% from 4.9% of the GDP.

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Capital Expenditure: The capital expenditure was lowered to Rs 10.18 lakh crore from Rs 11.11 lakh crore estimated earlier for FY25.

Borrowing: The government’s gross borrowing target for FY26 was revised upwards 5.7% to Rs 14.82 lakh crore. Earlier, it was set at Rs 14.01 lakh crore for FY25.

Direct Tax: The revised estimate of the total receipts other than borrowings is Rs 31.47 lakh crore of which the net tax receipts were at Rs 25.57 lakh crore.

Nominal GDP: Budget 2025-26 has set a nominal GDP growth target of 10.1% for FY26, slightly above the 9.7% achieved in the previous fiscal.

Disinvestment & Asset Monetisation: Asset monetisation plan 2025-30 will be launched to infuse Rs 10 lakh crore capital in new projects, announced Sitharaman. The FY25 Budget pegged miscellaneous capital receipts (including disinvestment and asset monetisation proceeds) at Rs 50,000 crore.