ICSE Class 10CISCE
Share
Notifications

View all notifications
Books Shortlist
Your shortlist is empty

Discuss Any Five Reasons for Growth of Public Expenditure in India. - ICSE Class 10 - Economics

Login
Create free account


      Forgot password?

Question

Discuss any five reasons for the growth of public expenditure in India.

Solution

The growth of public expenditure
1. Public expenditure tends to increase with the expansion of administrative machinery, maximisation of social and economic welfare, providing of salary and other benefits such as old-age pension, sickness benefits, accident benefits and free education to industrial workers.
2. Public expenditure tends to increase with the huge interest payments on market borrowings.
3. Satisfying the defence needs has further increased the requirement of government revenue.
4. Prevention of monopolisation leads to large demand for government funds. Monopolies affect the economic system and concentration of economic power.

  Is there an error in this question or solution?

APPEARS IN

 2017-2018 (March) (with solutions)
Question 10.2 | 5.00 marks
Solution Discuss Any Five Reasons for Growth of Public Expenditure in India. Concept: Concept for Public Expenditure.
S
View in app×