Indian Budget 2023 for UPSC

Capital Outlay/ Capital Expenditure  —        expenditure by govt. (Central) on creating assets. [capital investment outlay for the third year in a row, by 33% to ₹ 10 lakh crore, which would be 3.3% of GDP and almost three times the outlay in 2019-20.] Effective Capital Expenditure  — The Grant-in-Aids to States are not counted in Capital Expenditure of […]

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