Theoretical Perspectives of Public Expenditure in India

Jyoti Sood

Abstract


The paper aims to study the importance of public expenditure in economic development of developing countries like India. In this direction, a paper attempts to study the theoretical perspectives which have been drawn from various studies signifying the importance of social economic services for development goals of developing countries. However the analysis and findings of various studies pertaining to the pattern & composition of public expenditure of government of India pointed towards the fact that Public Expenditure is not supporting to capital formation a key to economic development.

 


Keywords


Public Expenditure, Social Economic services, Capital Formation, Economic Development.

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