Total government revenues in India rose 15.2 percent to INR 1.47 trillion in April-May 2019 from INR 1.27 trillion in the same period of the previous fiscal year. Government Revenues in India averaged 3005.22 INR Billion from 1997 until 2019, reaching an all time high of 16660.55 INR Billion in March of 2019 and a record low of 0.82 INR Billion in April of 1999.
Government Revenues in India is expected to be 2950.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Revenues in India to stand at 18000.00 in 12 months time. In the long-term, the India Government Revenues is projected to trend around 20500.00 INR Billion in 2020, according to our econometric models.