In 2021, general government revenue for India was 47,700 billion LCU. Between 2002 and 2021, general government revenue of India grew substantially from 4,497 to 47,700 billion LCU rising at an increasing annual rate that reached a maximum of 31.67% in 2021.
The description is composed by our digital data assistant.Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of non-financial and financial assets or incurrence of liabilities.
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