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HomeNewsOpinionBudget Snapshot | India's government punches above its weight in garnering revenue 

Budget Snapshot | India's government punches above its weight in garnering revenue 

Manas Chakravarty   •

Budget 2024: Given its low per capita income, India’s government revenues as a percentage of GDP is quite good compared to its richer peers  

The developed nations of the West have extensive social security systems, which result in both government revenues and expenditure being high as a proportion of GDP.

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