India Government Spending

Government Spending in India increased to 1907.13 INR Billion in the fourth quarter of 2013 from 1503.10 INR Billion in the third quarter of 2013. Government Spending in India is reported by the Ministry of Statistics and Programme Implementation (MOSPI). Government Spending in India averaged 1298.33 INR Billion from 2004 until 2013, reaching an all time high of 1907.13 INR Billion in the fourth quarter of 2013 and a record low of 735.82 INR Billion in the second quarter of 2004. This page provides - India Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1907.13 1503.10 1907.13 735.82 1889.28 | 2014/03 2004 - 2013 INR Billion Quarterly
Constant Prices, NSA

TO

India Government Spending
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 67.57 2012-12-31 68.05 84.30 67.57 67.05 2013-12-31 Percent [+]
Government Budget Value -5992.99 2014-02-28 -5328.42 -94.06 -5992.99 -5698.82 2014-03-31 INR Billion [+]
Government Spending 1907.13 2013-11-15 1503.10 1907.13 735.82 1889.28 2014-03-31 INR Billion [+]
Credit Rating 47.12 [+]
Government Budget -5.30 2012-12-31 -5.80 -2.04 -7.80 -5.35 2013-12-31 Percent of GDP [+]
[+]


Government Spending | Notes
Government spending (also called government expenditure or consumption) is the amount of money that federal, state, and local governments spend on public services provided to its citizens. Government expenditure covers spending on goods and services like defence, judicial and education system. Yet, it excludes government transfers like social security and unemployment benefits.


RELATED NEWS

India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
India Wholesale Inflation Up to 3-Month High  
In March of 2014, India wholesale prices accelerated to an annual 5.7 percent on higher food, fuel and manufacturing cost, breaking a three-month easing trend.
India Leaves Rates on Hold  
In its April 1st, 2014 meeting, Reserve Bank of India decided to leave the policy repo rate unchanged at 8 percent and decided to officially start using consumer price inflation to determine its monetary policy.
India Wholesale Inflation Slows for 3rd Straight Month  
In February of 2014, Indian annual wholesale price index decelerated to 4.68 percent, reaching the lowest rate in nine months, as food and fuel prices moderated. A year ago, the inflation was recorded at 7.28 percent.
India Consumer Inflation Edges Down in February  
Indian annual inflation rate slowed to a 25-month low of 8.1 percent in February of 2014. Provisional figures showed prices of vegetables eased the most on the year.
Indian GDP Grows Below Expectations  
In the fourth quarter of 2013, Indian economic growth slowed to 4.7 percent over a year earlier, down from a 4.8 percent expansion in the previous period, hurt by a contraction in manufacturing and mining output.
India Wholesale Inflation Slows to 8-Month Low  
In January of 2014, Indian annual WPI eased for the second straight month to 5.05 percent, the lowest rate since May of 2013, as food prices slowed and mineral cost fell.
India Consumer Inflation Slows to 24-Month Low  
In January of 2014, Indian consumer price inflation decelerated to 8.79 percent, the lowest annual rate since January of 2012, due to lower food prices.
Reserve Bank of India Raises Rates  
In its January 2014 meeting, Reserve Bank of India decided to raise the policy repo rate by 25 bps to 8 percent to handle currency pressure and curb persistently high inflation.
Indian WPI Slows to 5-Month Low in December  
In December of 2013, Indian headline inflation rate slowed to 6.16 percent, the lowest rate in five months as vegetable prices, mainly onions, slowed due to a new harvest. On a monthly basis, prices fell 1.27 percent.
MORE RELATED NEWS

LATEST NEWS

New Zealand Inflation Rate Slows in Q1  
The CPI increased 1.5 percent in the year to the March 2014 quarter, following a 1.6 percent increase in the year to the December 2013 quarter. About half of the annual increase came from housing and household utility prices, which increased 3.3 percent.
US Inflation Rate Up to 1.5% in March  
US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.
India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
Nigerian Inflation Rate Edges Up Slightly in March  
The annual consumer prices in Nigeria accelerated to 7.8 percent in March of 2014, from 7.7 percent recorded in February, as food cost edged up. Compared with the same period a year earlier, the inflation rate slowed down from 8.6 in March of 2013.
Turkey Unemployment Rate Edges Up Slightly in January  
Turkish jobless rate increased for the third consecutive month in January of 2014 to 10.1 percent, up from 10.0 percent in the previous month, but decreased compared with 10.6 percent recorded a year earlier.
Euro Area Trade Surplus Widens in February On Rising Exports  
The first estimate for the Euro Area trade in goods balance with the rest of the world in February of 2014 gave a € 13.6 billion surplus, compared with € +9.8 bn in February of 2013. The January 2014 balance was € +0.8 bn.
UK Inflation Rate Slows Further in March  
UK annual consumer prices fell to its lowest in over four year in March of 2014. The inflation rate decelerated for the sixth consecutive month to 1.6 percent, down from 1.7 percent in February, due to lower fuel, clothing and furniture prices.
India Wholesale Inflation Up to 3-Month High  
In March of 2014, India wholesale prices accelerated to an annual 5.7 percent on higher food, fuel and manufacturing cost, breaking a three-month easing trend.
Ghana’s Economy Advances 2.7% QoQ in Q4  
Ghana GDP growth accelerated to a quarter-on-quarter seasonally adjusted 2.7 percent in the last three months of 2013. Figures for the previous quarter were revised to show a 4.4 percent contraction, down from a 0.5 percent expansion initially reported.
US Retail Sales Beat Expectations in March  
Retail sales increased 1.1 percent over the previous month in March of 2014, up from a revised 0.7 percent rise in February. It is the biggest growth rate in 1-1/2 years.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News