The revenue expenditure of India's central government was estimated to decline to 12.7 percent of the country's GDP in financial year 2023 as compared to the previous year's share. The budget estimates for fiscal year 2024 depicts a further decline of almost one percent.
Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024
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Reserve Bank of India. (April 6, 2023). Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
Reserve Bank of India. "Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024." Chart. April 6, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
Reserve Bank of India. (2023). Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
Reserve Bank of India. "Revenue Expenditure of Federal Government as Percentage of Gdp in India from Financial Year 2021 to 2022, with Estimates for 2023 and 2024." Statista, Statista Inc., 6 Apr 2023, https://www.statista.com/statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
Reserve Bank of India, Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024 Statista, https://www.statista.com/statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/ (last visited December 21, 2024)
Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024 [Graph], Reserve Bank of India, April 6, 2023. [Online]. Available: https://www.statista.com/statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
