Wednesday, June 3, 2015

developmental expenditures - lesson 3

Development Expenditure



Revenue Account

 (i) social and community services,
 (ii) economic services  (largest component) 
                     general economic services,
                     industry and minerals
                    agriculture and allied services,
                     water 
                     power  and power development 
                        transport and communication, 
                        railways
                         post 
 (iii) grants- in-aid to states and union territories. 
Capital Account
(i) loans and advances to states and union territories,
 (ii) loans for economic services. 
(iii) loans for social and community development services

Delhi is accused by CAG as non prioratising of Developmental Expenditures