Economy, asked by Shubhambattan6970, 9 months ago

What are the factors responsible for rise in public expenditure in india?

Answers

Answered by Anonymous

4

Answer:

1. Income Elasticity and Increase in Per Capita Income 2. Welfare State Ideology and Wagner’s Law 3. Effects of War and the Need for Defence 4. Resource Mobilisation and Ability to Finance 5. Inflation 6. The Role of Democracy and Socialism 7. The Urbanisation Effect 8. The Rural Development Effect 9. The Population Effect 10. The Growth of Transport and Communication 11. The Planning Effect.

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