0
Decreasing defence expenditure and increasing social expenditure is the need of the hour?
Wiki User
∙ 13y ago
The budges estimation for Indian defence surges as the year goes by. It is estimated to be around Rs. 11trillion for the current fiscal year. Both the defence expenditure as well social expenditure are necessary. They should be balanced. None can be omitted or concentrated alone. And this can be brought about only by maintaining bilateral and cordial relations with the neighbouring countries. It should start from national level of peace and nuclear disarmament treaty with neighboring countries. This would gradually give some relief towards defence expenditure by the Government. And also gives time to plan on the state of the art infrastruture and world class practices for the benefit and welfare of the society. And as anticipated we would be one among the elite team of Developed nations.
This doesnt mean that we need to concentrate less on defence expenditure. It is must to invest more money in Defence R&D. To b equally competent, we have to display a sample of our power. Otherwise things may change, treaty will just remain in papers. Basic fact is we are humans. We have the tendency to pull others legs.
My point is both are essential. Defence expenses has to be gradually brought down and social welfare investment for the society has to be increased and implemented.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What about planned and unplanned expenditure in indian economy?
There are two components of expenditure - plan and non-plan. Of these, plan expenditures are estimated after discussions between each of the ministries concerned and the Planning Commission. Non-plan revenue expenditure is accounted for by interest payments, subsidies (mainly on food and fertilisers), wage and salary payments to government employees, grants to States and Union Territories governments, pensions, police, economic services in various sectors, other general services such as tax collection, social services, and grants to foreign governments. Non-plan capital expenditure mainly includes defence, loans to public enterprises, loans to States, Union Territories and foreign governments.
Advantages and disadvantages of disinvestment?
Advantage: 1) Raises funds for meeting expenditure in social sectors, restructuring of PSUs and retiring public debt. Disadvantage: 1) The owner will dilute the ownership of the company.
Is not one of the alternatives for modernization and reform for the Social Security system?
I'm going to go with using general revenues. Do NOT hold me to my word on this one (:
The European Union is only involved in economic policy true of false?
False. The European Union involves itself in many areas of policy, such as health, social policy, defence, trade etc.
What is the explanation for the principle of maximum social advantage?
fghmarginal sacrifice are equal atg pointffh gfto point M, the social gain from public expenditure is gredgfaterghf hwhy is public financghhghe required than gfrom tfghaxes is greater than ghthe gain ghfrom public The theory of maximum social advantage is the fgSocial hprincipghlfhof maximum social ahdvantage pfggfhossesfdhses thghhe In other words, maximum fhfresult ghof two codhfghfghfghhfgfntragghfgdictory fd Different fh It is not be possible to compare the which tries to incrhfgjeasehgf it throughfgghexpenditure and the marginal benefits accruing to people in ghjghone area from a otheg hr which tries to decrease it through taxation. Thus social given public expenjtuhreghd with hfgthefgby persons who are taxed in some other area. public expenditure are npar e jgfgfthe advantage to the commu- 3. Differences in Standard of Livinghfghrevenue from shopkeeper and ajh gjhfgovernment employee. taxation to public expenditure by the state should continue up 4. Vague and abstract. The terms "benefit" and "sacrificefgthe vague andfgabhstract. It is not pofgle gfeasy. As put by Prof. Buchanan, than the sacrifice undergone by taxation. On the contrary, injhj "To matchf them is a function for the 'fiscal brain' or expenditure less tgan this point, the gaiggghfghfghfhnhg in utility would be computer." greater than the sacrifice from taxation. But the social advantage will not be g expenddhiture is increased to the 6. hj. There is the problem of calculating social point where the MU from a given publijhgjhjc expenditure equals the benefits from public expenditure on short period and lhgjhjhjgong marginal ghThis principle of maximum social advantage is explained periods. This is not an easy task. graphically in Fig. 1 in terms of Prof. Musgrave's diagram. Amounts of public hmarginal benefit along the horizontal axis, the marginal social benefit is mea- fromh0 upwards and tfghe marginal taxation, the resources are required to be divided into social fifice is measured below 0 on the vertgical axis. The smaller units. But it is not possible because of the lack of curve EE measures marginal social benefit to the society from divisibility of public ehjgjhjxpenditure and ftaxes to the government. The differ- consideration the sacrifice on the part of direct tax ghfdh-tax revenues. Non-tax revenues like fines, because EE is the gain to society from public expenditure and 1 fees, market borrowings, profits of public undertakings, etc. IT is the cost to society in the form of taxes paid. The net 1 are equally important as sources of revenue and in their sghjgfjhgjhghjgfjhghjocial advantagfghfge is shown by the NNghjj) curve. The marginal social effects on h,hgf the principle of maximum social hvantage is gfhthe best system of public finance", achjghjghjghcording to Dalton. 4. Objective Tests ofghmmunity against internal disorders and external attacks. The financial operations of the state to preserve the society in this jto Dalton, this can be achieved by improvements in g? hahaha you are stuffed up now
What are the 5 aspects of total defence?
They are Military Defence, Civil Defence, Economic Defence, Social Defence and Phschological Defence.
What are the 5 arrows represent?
military defence, civil defence, economic defence, social defence and psychological defence
What president's plan of cutting back social programs decreaing taxes and dramatically increasing defence spending eventually increase the budget deficit?
George W. Bush
Trade and exchange is one of the signs of decreasing social complexity?
Trade and exchange are actually signs of increasing social complexity as they involve specialization of labor, creation of economic networks, and development of social hierarchies. These processes often lead to the emergence of organized societies and the growth of culture and technology.
What are the 5 pillars of total defence?
Social Defence Phsycological Defence Physical Defence Civil Defence im not sure what the other one is
What is is the greatest mandatory federal government expenditure?
social security
What are political interest groups most concerned with?
Political interest groups have some specific political concern. Same-sex marriage, supporting or opposing. Abortion, increasing availability or banning. Immigration, increasing or decreasing. Gun control, enacting or preventing. Social assistance spending, increasing or decreasing. Political interest groups might support one side of the civil war in Syria, or the other side, or might just want to keep the US out of it entirely. There are many more examples.
Is trade and exchange is one of the signs of decreasing social complexity?
No, trade and exchange are typically signs of increasing social complexity as they indicate the development of specialized roles, increased interdependence among individuals or groups, and potentially the presence of a market economy. These elements often accompany the growth of societies rather than their decline.
What does social defence means?
How do I know becauseI am the one who asked for it
How public expenditure can be paid for?
The expenditure incurred by public authorities like central, state and local governments to satisfy the collective social wants of the people is known as public expenditure. It is basically spending made by the government of a country on citizens' needs on items such as pension, provision, infrastructure etc. Public expenditure was restricted only to a small extent till 19th century due to laissez faire followed by the government, as classical then believed money left in private hands could bring better returns. It was only in 20th century when John Maynard Keynes pointed out the important role of public expenditure in determining the level of income and distribution in the economy. Since then government's expenditure has shown an increasing trend.
What has the author Finola Kennedy written?
Finola Kennedy has written: 'Public social expenditure in Ireland' -- subject(s): Finance, Public welfare, Social policy, Social security
Social defense objective?
1.basic objective of social defence is to protect the society from varied kind of devince
