Answer the following question Explain the government’s development and non-development expenditure.

Answer the following question

Explain the government’s development and non-development expenditure.

ANSWER:

Development expenditure - This refers to the budget expenditure which is incurred by the government on economic growth and development activities. For example, expenditure on education, development of infrastructures etc.

Non-development expenditure- This refers to the budget expenditure which is incurred on the non-developmental activities. This expenditure does not directly contribute to the national income but accelerates the process of economic growth and development. For example, ex