![](https://www.fisdom.com/wp-content/uploads/2024/02/Interm-Budget1_800x450.jpg)
A Snapshot: Government Finances
![](https://www.fisdom.com/wp-content/uploads/2024/02/image-2.png)
Source: Budget documents, ministry of finance. Data as of 01st Feb 2024
The Surprising Deficit Turnaround
The decline in revenue expenditure to capital expenditure ratio signifies an improved spending mix.
![](https://www.fisdom.com/wp-content/uploads/2024/02/image-3.png)
Source: Budget documents, Fisdom Research
Sectoral Outlay
In the face of economic challenges, rural allocation rises. Railway and defence sectors maintain the prime focus.
![](https://www.fisdom.com/wp-content/uploads/2024/02/image-4.png)
Source: Budget documents, Fisdom Research
Prudent Projections: Tax Revenues
Direct tax collections surpassing indirect tax revenue
![](https://www.fisdom.com/wp-content/uploads/2024/02/image-6.png)
Source: Budget documents, Fisdom Research