India's fiscal deficit narrowed to INR 1.23 trillion in April-May 2021-22 from INR 4.66 trillion in the corresponding period of the previous fiscal year. That was equivalent to 8.2 percent of the government’s estimate for this financial year, compared with 58.6 percent of budget aim in the same period last year. Receipts jumped 679.8 percent to INR 3.55 trillion, while total expenditure dropped 6.6 percent to INR 4.78 trillion. source: Controller General Of Accounts, India
Government Budget Value in India averaged -263834.83 INR Tens of Millions from 1997 until 2021, reaching an all time high of -9406 INR Tens of Millions in April of 1997 and a record low of -1821461 INR Tens of Millions in March of 2021. This page provides the latest reported value for - India Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Central Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Government Budget Value in India is expected to be -8040.00 INR Tens of Millions by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in India to stand at -9300.00 in 12 months time. In the long-term, the India Central Government Budget Value is projected to trend around -8000.00 INR Tens of Millions in 2022 and -9200.00 INR Tens of Millions in 2023, according to our econometric models.