At the end of fiscal year 2018, the budgeted revenue expenditure on interest payment of India's central and state governments amounted to more than eight billion Indian rupees. The revenue expenditure refers to expenditure which neither creates assets nor reduces liability.
Revenue expenditure on interest payment of India's central and state governments from FY 1991 to FY 2018
(in billion Indian rupees)
India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
One Indian rupee is equal to 0.014 U.S. dollars and 0.013 euros (as of March 2020).
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Ministry of Finance (India). (November 20, 2019). Revenue expenditure on interest payment of India's central and state governments from FY 1991 to FY 2018 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/625931/interest-payment-revenue-expenditure-india/
Ministry of Finance (India). "Revenue expenditure on interest payment of India's central and state governments from FY 1991 to FY 2018 (in billion Indian rupees)." Chart. November 20, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/625931/interest-payment-revenue-expenditure-india/
Ministry of Finance (India). (2019). Revenue expenditure on interest payment of India's central and state governments from FY 1991 to FY 2018 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/625931/interest-payment-revenue-expenditure-india/
Ministry of Finance (India). "Revenue Expenditure on Interest Payment of India's Central and State Governments from Fy 1991 to Fy 2018 (in Billion Indian Rupees)." Statista, Statista Inc., 20 Nov 2019, https://www.statista.com/statistics/625931/interest-payment-revenue-expenditure-india/
Ministry of Finance (India), Revenue expenditure on interest payment of India's central and state governments from FY 1991 to FY 2018 (in billion Indian rupees) Statista, https://www.statista.com/statistics/625931/interest-payment-revenue-expenditure-india/ (last visited November 21, 2024)
Revenue expenditure on interest payment of India's central and state governments from FY 1991 to FY 2018 (in billion Indian rupees) [Graph], Ministry of Finance (India), November 20, 2019. [Online]. Available: https://www.statista.com/statistics/625931/interest-payment-revenue-expenditure-india/