Study the following chart carefully and analyse the changing trends in the government expenditure on:
(I) Agriculture and Allied Activities
(II) Transport
Study the following chart carefully and analyse the changing trends in the government expenditure on:
(I) Agriculture and Allied Activities
(II) Transport
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Solution and Explanation
- Agriculture and Allied Activities: Government expenditure on agriculture and allied activities has shown a steady increase over the three years. - It rose from ₹1.44 lakh crore in 2021-22 to ₹1.46 lakh crore in 2022-23. - It further increased to ₹1.64 lakh crore in 2023-24. This indicates a focus on rural and agricultural development.
- Transport: Expenditure on transport has also seen a significant rise. - It increased from ₹3.90 lakh crore in 2021-22 to ₹4.33 lakh crore in 2022-23. - It further grew to ₹5.17 lakh crore in 2023-24. This highlights the government's prioritization of infrastructure development.
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