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 2 of 3.
Ravi said:
1 decade ago
Why subsidies not come under development?
Mohith Mathew said:
1 decade ago
Subsidies and interest payment can be for developmental undertakings also. For example, subsidies on construction materials can lead to structural development, subsidies on new farming technologies can lead to agricultural development etc, likewise interest paid on developmental loans.
Deependra singh said:
1 decade ago
In my opinion defence, interest payment and subsidies are in non development expenditure.
Pankaj adhikari said:
1 decade ago
In interest payment interest are paid to the government, which increases the economy of a country so should be developmental expenditure.
Venkatesham said:
1 decade ago
Interest payment, defence, subsides are unproductive in nature. Because these add nothing to GDP.
Reema said:
1 decade ago
Expenditure, which increase productivity is called development expenditure.
Srikar said:
1 decade ago
Yes, it is true that defence, interest payment, subsidies are unproductive whereas irrigation constitutes for the development of crops in the field of agriculture. Hope you convinced.
Nityasundar Manik said:
1 decade ago
Interest payment, defence, subsides are unproductive in nature.Because these add nothing to GDP .
Regis said:
1 decade ago
I can't understand this please Clarify?
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.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers