2017 Union budget of India
| Submitted to | Parliament of India |
|---|---|
| Presented | 1 February 2017 |
| Passed | 1 February 2017 |
| Parliament | 16th (Lok Sabha) |
| Party | Bharatiya Janata Party (BJP) |
| Finance minister | Arun Jaitley |
| Total revenue | ₹2,146,735 crore (equivalent to ₹30 trillion or US$360 billion in 2023) |
| Total expenditures | ₹2,531,762 crore (equivalent to ₹36 trillion or US$420 billion in 2023) (grand total) |
| Program Spending | ₹2,146,734 crore (equivalent to ₹30 trillion or US$360 billion in 2023) (through budget) |
| Debt payment | ₹523,078 crore (equivalent to ₹7.3 trillion or US$87 billion in 2023) |
| Deficit | ₹546,532 crore (equivalent to ₹7.7 trillion or US$91 billion in 2023) (3.2%) (Fiscal deficit) ₹321,163 crore (equivalent to ₹4.5 trillion or US$53 billion in 2023) (1.9%) (Revenue deficit) |
| Website | www |
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‹ 2016 2018› | |
The 2017 Union Budget of India is the Union budget of India for the financial year 2017-2018. It was presented before the parliament on 1 February 2017 by the Finance Minister of India, Arun Jaitley with ₹21.47 lakh crore (US$336.39 billion) budget size. The printing of the budget documents began with a traditional Halwa ceremony in January 2017.
Further, Railway budget of India was merged with the Union budget and classification of plan and non-plan expenditure was done away starting from the year 2017 by Narendra Modi led Government of India.