India's government total expenditure increased 12.8 percent to INR 18.20 trillion in April-November 2019-20 from INR 16.13 trillion in the same period last year. Fiscal Expenditure in India averaged 5323.25 INR Billion from 1997 until 2019, reaching an all time high of 23114.22 INR Billion in March of 2019 and a record low of 136.55 INR Billion in April of 1997. source: Controller General Of Accounts, India
Fiscal Expenditure in India is expected to be 18900.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in India to stand at 14600.00 in 12 months time. In the long-term, the India Fiscal Expenditure is projected to trend around 21500.00 INR Billion in 2020, according to our econometric models.