Aartee Mishra is teaching live on Unacademy Plus
Daily Lecture Series Ramesh Singh's A brief SUtAmarV O s5 1 Indian Economyrte Miahra Indian Economy Hindi Public Finance in India
I am Aartee Mishra Graduated from Delhi University, Topper in all my semesters Pursuing PG and preparing for CSE. 2 Years of teaching experience of General Studies for competitive examination Have been teaching on Unacademy Plus
UNACADEMY PLUS NCERT 6 - 12th: Detailed Coverage for Strong Base By Aartee Mishra
Tax Struture in India Public finance is a much wider title which includes all those matters which are connected with public money, i.e., the money a government gets, spends, borrows, lends, raises or prints. Public finance, i.e., finances of the government, now named as public economics, does not only discuss the issue that how much of the country's resources the government should acquire for its own use but also discusses the 'efficiency' with which the money should be used. BUDGET: An annual financial statement of income and expenditure is generally used for a government, but it could be of a firm, company, corporation etc. The 'word' has its origin in the British parliamentary exercise of preparing such statement way back in the mid-18th century from the French word 'Bugeut' meaning a leather bag out of which the financial statement was brought out and presented in the parliament. Today, this word is used to mean the annual statement in all economies around the world.
Developmental and Non-developmental Expenditure Total expenditure incurred by the government is classified into two segments Developmental: All expenditures of productive nature are developmental such as on the heads of new factories, dams, bridges, roads, railways, etc.-all investments. Non-developmental: The expenditures which are of consumptive kind and do not involve any production are non-developmental, i.e., paying salaries, pensions, interest payments, subsidies, defence expenses, etc. Plan and Non-Plan Expenditure: Every All those expenditures which are done in India in the name of planning is the plan expenditure and rest of all are non-plan expenditures Basically, all asset creating, and productive expenditures are planned and all consumptive, non-productive, non-asset building are non-plan expenditures and are developmental and non developmental expenditures, respectively.
NCERT Class 6-12 Intensive Coverage of All the Subjects Prelims & Mains SubiectS COvered Aartee Mishra Course Starting from, 31st Aug 7:30pn-9:00pm Polity: Governance, Society, Public Administration Geography: Indian and World Geography, All Important Maps, Physical and Political Features, Disaster Management History: Ancient, Medieval, Modern with Art & Culture Economics: Basic Concepts, Understanding Economic Development Science: Important Chapters of Environment and Ecology on Unacademy Plus
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