Being people-centric: Indian govts no slouches when it comes to spending

Percentages can mislead: A higher percentage of a lower GDP per head can translate into less absolute spending per head than a lower percentage of a much greater GDP per capita, notes T N Ninan

investment bankers

T N Ninan

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India’s governments at the Centre and in the states are not the world’s biggest spenders. In many regions, governments have been spending more in relation to their country’s gross domestic
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Sep 15 2023 | 6:57 PM IST

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