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Public expenditure refers to the expenses incurred by the government for the maintenance of the economy, the provision of public goods and services, and the promotion of economic growth and social welfare. It plays a crucial role in shaping a nation’s economic development, influencing income distribution, and stabilizing the economy. Public expenditure in India has expanded significantly due to the increasing role of the government in socio-economic development, infrastructure creation, poverty alleviation, and welfare programs.

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