The proportion of revenue receipts and total budgetary receipts as a percentage of GSDP increased during the period 2002-2007 and declined during 2008-14. Explain the factors that contributed to such a trend.
The Fluctuation of Revenue Receipts as a Percentage of GSDP in India (2002-2014) Introduction: The question focuses on the fluctuating trend of revenue receipts and total budgetary receipts as a percentage of Gross State Domestic Product (GSDP) in India between 2002 and 2014. This requires a primarily factual and analytical approach, examining economic factors and … Read more