| ACS | Average Cost of Supply |
| AFS | Annual Financial Statement |
| AMRUT | Atal Mission for Rejuvenation and Urban Transformation |
| ARR | Average Revenue Realisation |
| AT&C | Aggregate Technical and Commercial |
| ATB | Auction Treasury Bills |
| BE | Budget Estimate |
| BPS | Basis Points |
| BRICS | Brazil, Russia, India, China and South Africa |
| CAG | Comptroller and Auditor General of India |
| CMIE | Centre for Monitoring of Indian Economy |
| CoV | Coefficient of Variation |
| CSF | Consolidated Sinking Fund |
| DBT | Direct Benefit Transfer |
| DISCOM | Distribution Company |
| DMF | District Mineral Foundation |
| DMF | District Mineral Fund |
| EGI | Emergency Governance Initiative |
| EME | Emerging Market Economy |
| e-PoS | Electronic Point of Sale |
| FC | Finance Commission |
| FC-XIV | Fourteenth Finance Commission |
| FC-XV | Fifteenth Finance Commission |
| FPS | Fair Price Shop |
| FRBM | Fiscal Responsibility and Budget Management |
| FRL | Fiscal Responsibility Legislation |
| GDP | Gross Domestic Product |
| GERD | Gross Expenditure on Research and Development |
| GFD | Gross Fiscal Deficit |
| GoI | Government of India |
| GP | Gram Panchayat |
| GPF | General Provident Fund |
| GPS | Global Positioning System |
| GRF | Guarantee Redemption Fund |
| GSDP | Gross State Domestic Product |
| G-Sec | Government Security |
| GST | Goods and Services Tax |
| HTM | Held to Maturity |
| ICRIER | Indian Council for Research on International Economic Relations |
| ITB | Intermediate Treasury Bill |
| LG | Local Government |
| LIC | Life Insurance Corporation of India |
| MC | Municipal Corporation |
| MLE | Maximum Likelihood Estimation |
| NABARD | National Bank for Agriculture and Rural Development |
| NCDC | National Co-operative Development Corporation |
| NFSA | National Food Security Act |
| NGO | Non-Governmental Organisation |
| NSO | National Statistical Office |
| NSSF | National Small Savings Fund |
| OD | Overdraft |
| OECD | Organisation for Economic Cooperation and Development |
| PA | Provisional Accounts |
| PD | Primary Deficit |
| R&D | Research and Development |
| RBI | Reserve Bank of India |
| RD | Revenue Deficit |
| RE | Revised Estimate |
| RECO | Revenue Expenditure to Capital Outlay |
| SBI | State Bank of India |
| SDF | Special Drawing Facility |
| SDL | State Development Loan |
| SDRF | State Disaster Response Fund |
| SFC | State Finance Commission |
| SGST | State Goods and Services Tax |
| SoP | Standard Operating Procedure |
| UDAY | Ujjwal DISCOM Assurance Yojana |
| ULB | Urban Local Body |
| UT | Union Territory |
| VAT | Value Added Tax |
| WAY | Weighted Average Yield |
| WMA | Ways and Means Advances |