General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 8)
8.
Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves
- interest payments
- subsidies
- defence
- irrigation
Discussion:
28 comments Page 1 of 3.
Somesh said:
2 decades ago
Defence also is a non-development expenditure.
Madhu said:
2 decades ago
I agree and subsidies comes under development.
S s chaudhary said:
1 decade ago
In govt budget every year defence expenditure is shown as non development expenditure.
Sundar said:
1 decade ago
Public expenditure in India basically constitutes capital and revenue expenditure. These are included in central plan expenditure, central assistance and non-development expenditure.
Central plan expenditure is for the allocation of resources in development schemes given in plans of the central government and public sector undertakings. Central assistance is the aids provided for plans of state governments and union territories. Capital defence expenditure, loans for public enterprises, states and union territories and foreign governments fall under non-development capital expenditure. Whereas non-development revenue expenditure consists of revenue defence expenditure, subsidies, postal deficit, administrative expenditure, pensions, debt relief to farmers etc.
Central plan expenditure is for the allocation of resources in development schemes given in plans of the central government and public sector undertakings. Central assistance is the aids provided for plans of state governments and union territories. Capital defence expenditure, loans for public enterprises, states and union territories and foreign governments fall under non-development capital expenditure. Whereas non-development revenue expenditure consists of revenue defence expenditure, subsidies, postal deficit, administrative expenditure, pensions, debt relief to farmers etc.
Vidushi said:
1 decade ago
I agree defence comes under non-development expenditure.
NAVEEN KUMAR said:
1 decade ago
When defence comes under non-develoment exenditure then how answer can be interest payments AND subsidies ?
CLARIFY PLZ ?
CLARIFY PLZ ?
Ankit said:
1 decade ago
# Non-development Revenue Expenditure.
~ The part of the revenue expenditure that may not contribute to the economic development of the nation is known as non-development revenue expenditure.
~ These include activities such as:
^ Administration of Government Organisations.
^ Maintenance of defence establishments.
^ Interest payments.
^ Subsidies on food, fertilizers, etc.
~ The part of the revenue expenditure that may not contribute to the economic development of the nation is known as non-development revenue expenditure.
~ These include activities such as:
^ Administration of Government Organisations.
^ Maintenance of defence establishments.
^ Interest payments.
^ Subsidies on food, fertilizers, etc.
Snigdha mukherjee said:
1 decade ago
Defence falls under the category of non-develpomental expenditure then how come. Can option a b the answer?
Swati popli said:
1 decade ago
Defence comes under non developmental expenditure so the answer should also include Defence as non developmental expenditure. Further in my opinion subsidies are provided for the development of the economy to help some particular sector or Industry in its growth then this should also be included in the Developmental expenditure. Can any one please clarify this.
Regis said:
1 decade ago
I can't understand this please Clarify?
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