1. 2021-22 jumped up around 56% to $612 billion. Under GST, imports are deemed inter-state supplies and are subject to an integrated GST. The integrated GST from imports stood at INR 3.8 lakh crore in 2021-22, around 41% higher than in 2019-20. The overall GST in 2021-22 was 22% higher than in 2019-20. This tells us that higher imports have pushed up GST collections. The overall trade balance figures have reduced considerably. There is also a favourable foreign trade policy initiatives taken up by the government departments for boosting the same
2. Public expenditure and economic growth: Evidence from the developing countries;D Ahuja;FIIB Business Review,2020
3. Evaluation and implementation of GST in Indian growth: A study;G Bhattacharya;International Journal of Commerce and Management Research,2017
4. Causal nexus between public health expenditure and economic growth in four southern Indian states;B Balaji;IUP Journal of Public Finance,2011