December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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India’s Monetary and Fiscal Policy | 111
infrastructure, industry, health facilities, educational institutions, and so on. The
non-developmental expenditure is mostly a maintenance type of expenditure and
is related to maintenance of law and order, defence administrative services, and so
on. The public expenditure incurred by the Government of India has been creating
a serious impact on the production and distribution pattern of the economy.
The following are some of the important features of the policy of public
expenditure formulated by the Government of India.
Development of Infrastructure: The development of infrastructural facilities,
including ...
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