About this document
Government Expenditure in India by Sofia Johnson is a document available to read on EtoBox.
Government expenditure in India is divided into revenue expenditure and capital expenditure. Revenue expenditure is for day-to-day consumption, while capital expenditure is for infrastructure and asset creation. This distinction was introduced in the 2017-18 union budget to differentiate between consumption and investment expenditure. Previously, the distinction was between plan and non-plan expenditure, which ended after the completion of the 12th five-year plan in 2017. This new distinction better separat
- Author
- Sofia Johnson
- Language
- EN