somebody plzzzzzz explain me about the Conclusion of public expenditure
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It is incurred by the government to provide public goods & services, and to service debts. The expansion in government activities during the planning period has resulted in a huge rise in the public expenditure. ... The ratio of public expenditure to GDP has increased steadily from 9.1% in 1950-51 to 28.3 in 2005-06.
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