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Instruments of Fiscal Policy - Government Expenditure (for UPSC CSE)
sir, how does loan and advances given by the central government benefit in a long term. if it is through interest then won't it be a type of revenue .
Abhishek kumar
a year ago
loans to state gov. or PSU => investments into highways, new metros, facilitating modern equipments etc. ...these all are going to reap long term benefits