Original Study

Open Access

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Peer-reviewed

Public Expenditure and Economic Growth in India: A Conceptual Study

Aashutosh Sharma

DIP: 18.02.09/20230801

DOI: 10.25215/2455/080109

Received: December 12, 2022; Revision Received: January 19, 2023; Accepted: March 25, 2023

Abstract

The current research “Public Expenditure and Economic Growth in India: A Conceptual Study: ” looked into the connection between public spending and the nation’s economic Growth. A study demonstrates that India’s economic development is significantly influenced by governmental spending. The government fosters an environment that is favourable to economic growth by spending money on social welfare programmes, research and development, infrastructure, and human resources. Empirical studies have consistently shown positive correlations between public expenditure and economic growth. However, effective management of resources, fiscal discipline, and improved governance are essential for optimal utilization of public funds. By addressing these challenges, India can harness the full potential of public expenditure to fuel sustainable economic growth and improve the standard of living for its citizens.

The authors profoundly appreciate all the people who have successfully contributed to ensuring this paper in place. Their contributions are acknowledged however their names cannot be mentioned.

The author declared no conflict of interest.

This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.

Responding Author Information

Sharma A. @ info.ijsi@gmail.com

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Public Expenditure and Economic Growth in India: A Conceptual Study

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Article Overview

ISSN 2348-5396

ISSN 2349-3429

DIP: 18.02.09/20230801

DOI: 10.25215/2455/080109

Published in

Volume 08, Issue 1, January – March, 2023

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