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Plan Expenditure and Non Plan Expenditure
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Indian Economy

Arijit Basu Chowdhury is teaching live on Unacademy Plus

Arijit Basu Chowdhury
Graduate in History from St.Paul’s Cathedral Mission College.My Philosophy is Being Basic and Being simple and show actually what you are 😊

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  2. About Me Graduate in History from St.Paul's Cathedral Mission College, Kolkata Interests: Fitness , Current Affairs ,Burning Issues, Music, News Analysis You can follow me on Life has two rules: 1) Never quit. 2) Always rememben Rule #1 . Rate , Review & Recommenc

  3. Indian Fiscal System Non Plan Expenditure : It divided into revenue expenditure and capital Expenditure Under Revenue Expenditure : Interest payments , defense revenue expenditure, major subsidies (Food , Fertilizers) , interest and other subsides , debt relief to farmers , Police , salary , pension other general services ( Agriculture , industry power transport, communications, science) grants to states and union territories and grants to foreign government. Capital Expenditure includes such items as Loans to public enterprises , Loans to states and Uts and loans to foreign government Plans Expenditure : It includes 1. Central plans such as agriculture, rural development, irrigation and flood control, industry and minerals , transport. 2. Central assistance for plans of states of the states and union territories .

  4. Indian Fiscal System Various Types of Budgets Surplus Budget If the receipts of governments are more than its expenditure, the o Balance Budgets : A balanced budget is one where the revenue equals the o Deficit budgets It occur when the overall expenditure of Governments exceed the Various types of Deficit govt. will be said to have a surplus budget. expenditure overall receipts o Budget Deficit Total Expenditure - Total Receipts Revenue Deficit: Revenue Expenditure Revenue receipts o Fiscal Deficit Fiscal deficit- Interest Payments o Primary Deficit: Fiscal deficit - Interest payments