Service Spending
Service spending refers to government expenditure on public services. This includes healthcare, education, and social welfare. It aims to improve the quality of life for citizens. Effective service spending can enhance economic growth. It also addresses social inequalities. Understanding this concept is crucial for analysing public policy. It plays a significant role in shaping a nation’s development and prosperity.
The year 2025 marked a subtle but significant shift in how Indian consumers approached spending on everyday services....
January 8, 2026