The revenue expenditure of India's central government was estimated to decline to **** percent of the country's GDP in financial year 2023 as compared to the previous year's share. The budget estimates for fiscal year 2024 depicts a further decline of almost *** percent.
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Reserve Bank of India. (April 6, 2023). Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
Reserve Bank of India. "Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024." Chart. April 6, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
Reserve Bank of India. (2023). Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
Reserve Bank of India. "Revenue Expenditure of Federal Government as Percentage of Gdp in India from Financial Year 2021 to 2022, with Estimates for 2023 and 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 6 Apr 2023, /statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
Reserve Bank of India, Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024 ÌÇÐÄÆƽâ°æ, /statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/ (last visited July 31, 2026)
Revenue expenditure of federal government as percentage of GDP in India from financial year 2021 to 2022, with estimates for 2023 and 2024 [Graph], Reserve Bank of India, April 6, 2023. [Online]. Available: /statistics/1235252/india-central-government-revenue-spending-as-share-of-gdp/
