DOI Link:
Author: Subham Deep
Abstract: The size and pattern of Public spending has great relevance in the growth process and in the reduction of economic disparities. The pressure on Public expenditure is particularly great in developing economies because of growing population and Public expenditure is an effective policy instrument in this context. This study has analyzed the trend in revenue and capital expenditures in the Reform period (i.e., from 1991 onwards). This paper points out the rapid growth of Public expenditure throughout the study period. The major proportion of revenue expenditure has been highlighted in this analysis and stresses upon the improvement of capital expenditure side as higher expenditure on capital account would be growth enhancing, enabling the overall development of the economy.
Keywords: Economic Disparities, Public Expenditure, Revenue, Development.
Page No : 25-31