Question

"Under the Ayushmaan Bharat Scheme, the government provides free medical treatment to the poorer section of the society.
"Identify and explain the nature of budget expenditure and its objective in the Ayushmaan Bharat Scheme statement.

Hint:

Revenue Expenditure = recurring expenses with no asset creation (e.g., healthcare services).

Answer 1

The expenditure under the Ayushmaan Bharat Scheme is a Revenue Expenditure because it involves spending on free medical services without creating any physical asset. Objective: To provide free medical treatment to economically weaker sections and improve public health, thereby promoting social welfare and equity in the economy.