Name: India Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: India,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in India decreased to 3564.05 INR Billion in the fourth quarter of 2021 from 3616.16 INR Billion in the third quarter of 2021. source: Ministry of Statistics and Programme Implementation (MOSPI)

Government Spending in India averaged 2332.18 INR Billion from 2004 until 2021, reaching an all time high of 4559.97 INR Billion in the first quarter of 2021 and a record low of 735.82 INR Billion in the second quarter of 2004. This page provides - India Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Government Spending - values, historical data and charts - was last updated on May of 2022.

Government Spending in India is expected to be 4897.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Government Spending is projected to trend around 3840.00 INR Billion in 2023 and 4024.00 INR Billion in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Spending	3564.05	3616.16	INR Billion	Dec 2021

India Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.