Government Spending
Government spending refers to the expenditure by the state on public services and infrastructure. It encompasses various sectors, including health, education, and defence. This spending influences economic growth and social welfare. Effective allocation can enhance quality of life. Conversely, mismanagement may lead to deficits. Understanding its impact is crucial for citizens. It shapes the nation’s development and future prospects.
Recent data indicates a worrying trend in India's economy. For the first time since the pandemic, wages have...
November 29, 2024