A Case Study on the Concept of Public Expenditure in India | Original Article

ABSTRACT:

The coordination of the public fund strategies to enable the government to carry on a constructive position in the development of the economy poses a variety of concerns. Through that angle, this paper explores public spending in India. The following region is defined by a representation of the public fund and the amount and portion of the public budget. The funding of public expenditure by tax agreements is addressed. Stimulus of spending and failure to fund it through taxes have caused the government to resort to massive deficits and debt accumulation, with a threat to macroeconomic soundness. This has also led to the selection of a rule-based fiscal approach. These issues are discussed.