The overall expenditure of the central government in India was estimated to account for nearly 18 percent of the nation's GDP in fiscal year 2021. This was an increment by nearly five percent as opposed to the total government expenditure contribution to GDP recorded in financial year 2020. Meanwhile, forecasts for financial year 2022 indicate a lower share of GDP being accounted for by government expenditure.
Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022
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Reserve Bank of India. (April 7, 2021). Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
Reserve Bank of India. "Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022." Chart. April 7, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
Reserve Bank of India. (2021). Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
Reserve Bank of India. "Aggregate Expenditure of Federal Government as Percentage of Gdp in India in Financial Year 2020, with Forecasts for 2021 and 2022." Statista, Statista Inc., 7 Apr 2021, https://www.statista.com/statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
Reserve Bank of India, Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022 Statista, https://www.statista.com/statistics/1235309/india-central-government-total-spending-as-share-of-gdp/ (last visited December 22, 2024)
Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022 [Graph], Reserve Bank of India, April 7, 2021. [Online]. Available: https://www.statista.com/statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
