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Non-plan expenditure: This is largely the revenue expenditure of the government
Non-plan expenditure: This is largely the revenue expenditure of the government The biggest items of expenditure are interest payments, subsidies, salaries, defence and pension. The capital component of the non-plan expenditure is relatively small with the largest allocation going to defence. Defence expenditure is non-plan expenditure. Fiscal Deficit: When the government’s non-borrowed receipts fall short… Read More
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