economic planning

Pattern of Revenue Expenditure

Pattern of Revenue Expenditure In India, government expenditure – as per the provision in the Constitution – is divided into revenue expenditure and capital expenditure. However, the adoption of economic planning shifted emphasize on the division of expenditure into Plan and Non-Plan. The share of Non-Plan expenditure has remained close to 70% and that of … Read more

Planning commission and national development council

Planning commission and national development council Planning commission The Planning Commission was an institution in the Government of India, which formulated India’s Five-Year Plans, among other functions. Background Rudimentary economic planning, deriving from the sovereign authority of the state, was first initiated in India in 1938 by Congress President and Indian National Army supreme leader … Read more

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