India Government Budget
India recorded a Government Budget deficit equal to 4.50 percent of the country's Gross Domestic Product in the fiscal year 2013/2014. Government Budget in India averaged -3.87 Percent of GDP from 1991 until 2014, reaching an all time high of -2.04 Percent of GDP in 1997 and a record low of -7.80 Percent of GDP in 2009. Government Budget in India is reported by the Ministry of Finance, Government of India.
||1991 - 2014
||Percent of GDP
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - India Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.