Growth in central government expenditure India FY 2014-2023
The expenditure of the Indian central government was budgeted to spike by nearly 30 percent in financial year 2021. After an adjustment as per the prevalent inflation rate that year, the central government's expenditure growth amounted to a little over 20 percent. Nonetheless, this was the highest growth in expenditure recorded since fiscal year 2014, and projections for the years to follow indicate a steep decline in expenditure.