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Public Finance in India - Coggle Diagram

- - - - it is the expenditure incurred by the government for protection of their citizens, for satisfying their needs and promoting social and economic welfare.
    - - revenue expenditure
        
        salaries
        
        administration costs
        
        allowances and pensions
      - capital expenditure
        
        investments
        
        loans granted to state government
        
        repayment of govt loans
      - developmental expenditure
        
        construction of roads, bridges, dams,etc
        
        education
        
        exp on health
        
        R & D
      - nondevelopmental expenditure
        
        expenditure on wars
        
        expenditure on defence
        
        expenditure on unexpected events
    - - increase in the activities of the government
      - rapid increase in population
      - growing urbanisation
      - increasing defence expenditure
      - spread of democracy
      - inflation
      - industrial development
      - disaster management
  - - - the aggregate collection of income with the government
    - - tax
      - non tax