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The chart here shows social protection expenditures as a share of total general government spending across different oecd countries.
Self employed w2 income fannie mae. By eva october 22 2018. The nature of government spending continues to be geared. Transport occupies the fifth position given the emphasis of the modi government on infrastructure development.
As we can see in countries such as finland denmark and luxembourg more than 40 of total government spending goes to social protection. In his fourth full union budget finance minister arun jaitley introduced slew of measures on the farm and rural economy infrastructure a mega national healthcare scheme and brought back a tax on long term gains from equities. The story of budget 2019 explained in 10 charts 3 min.
This page provides india government revenues actual values historical data forecast chart statistics economic calendar and news. How the government will spend tax payers money in year 2017 my india. Secondly the country benefits from the momentum initiated by the election of narendra modi whose pro business pro growth and anti corruption stance has improved the business communitys.
India government spending pie chart 2018. After interest payment and defence the two largest expenditure heads are food subsidy and pension. The government budget deficit has gradually dropped since its 2008 peak although it still amounted to 7 of gdp in 2014 one of the worlds highest.
In the run up to the annual budget on 5 july indias finance minister. How aap govt spent more in four years union india 2018 the in pie chart showing federal government national 2019 20 in pie charts the pie charts show ine and. However defences share in total expenditure came down by 11 points from.
Government revenues in india averaged 322964 inr billion from 1997 until 2020 reaching an all time high of 1750727 inr billion in march of 2020 and a record low of 082 inr billion in april of 1999. Government spending in india increased to 486636 inr billion in the second quarter of 2020 from 380747 inr billion in the first quarter of 2020. Government spending in india averaged 222729 inr billion from 2004 until 2020 reaching an all time high of 486636 inr billion in the second quarter of 2020 and a record low of 73582 inr billion in the second quarter of 2004.
Interest on loans taken by the country continues to be the main expenditure of the government of india.
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