Total government expenditure in India rose 9.8 percent to INR 11.75 trillion in April-August 2019-20 from INR 10.71 trillion in the same period of the previous fiscal year. Fiscal Expenditure in India averaged 5198.09 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.
Fiscal Expenditure in India is expected to be 13800.00 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 7800.00 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.