The overall expenditure of the central government in India was estimated to account for nearly ** percent of the nation's GDP in fiscal year 2021. This was an increment by nearly **** percent as opposed to the total government expenditure contribution to GDP recorded in financial year 2020. Meanwhile, forecasts for financial year 2022 indicate a lower share of GDP being accounted for by government expenditure.
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Reserve Bank of India. (April 7, 2021). Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
Reserve Bank of India. "Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022." Chart. April 7, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
Reserve Bank of India. (2021). Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
Reserve Bank of India. "Aggregate Expenditure of Federal Government as Percentage of Gdp in India in Financial Year 2020, with Forecasts for 2021 and 2022." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 7 Apr 2021, /statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
Reserve Bank of India, Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022 ÌÇÐÄÆƽâ°æ, /statistics/1235309/india-central-government-total-spending-as-share-of-gdp/ (last visited July 30, 2026)
Aggregate expenditure of federal government as percentage of GDP in India in financial year 2020, with forecasts for 2021 and 2022 [Graph], Reserve Bank of India, April 7, 2021. [Online]. Available: /statistics/1235309/india-central-government-total-spending-as-share-of-gdp/
