The expenditure of the Indian central government was budgeted to spike by nearly 30 percent in financial year 2021. After an adjustment as per the prevalent inflation rate that year, the central government's expenditure growth amounted to a little over 20 percent. Nonetheless, this was the highest growth in expenditure recorded since fiscal year 2014, and projections for the years to follow indicate a steep decline in expenditure.
Expected and adjusted growth in central government expenditure in India from fiscal year 2014 to 2021, with estimates until fiscal year 2023
Characteristic
Growth in central government expenditure
Inflation adjusted growth in central government expenditure
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CMIE. (February 2, 2022). Expected and adjusted growth in central government expenditure in India from fiscal year 2014 to 2021, with estimates until fiscal year 2023 [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1288841/india-central-government-expenditure-growth/
CMIE. "Expected and adjusted growth in central government expenditure in India from fiscal year 2014 to 2021, with estimates until fiscal year 2023." Chart. February 2, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1288841/india-central-government-expenditure-growth/
CMIE. (2022). Expected and adjusted growth in central government expenditure in India from fiscal year 2014 to 2021, with estimates until fiscal year 2023. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1288841/india-central-government-expenditure-growth/
CMIE. "Expected and Adjusted Growth in Central Government Expenditure in India from Fiscal Year 2014 to 2021, with Estimates until Fiscal Year 2023." Statista, Statista Inc., 2 Feb 2022, https://www.statista.com/statistics/1288841/india-central-government-expenditure-growth/
CMIE, Expected and adjusted growth in central government expenditure in India from fiscal year 2014 to 2021, with estimates until fiscal year 2023 Statista, https://www.statista.com/statistics/1288841/india-central-government-expenditure-growth/ (last visited January 08, 2025)
Expected and adjusted growth in central government expenditure in India from fiscal year 2014 to 2021, with estimates until fiscal year 2023 [Graph], CMIE, February 2, 2022. [Online]. Available: https://www.statista.com/statistics/1288841/india-central-government-expenditure-growth/
