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Compared to the 2023-24 revised estimates, is the total expenditure (excluding debt repayment) in the 2024-25 Bihar budget expected to increase or decrease?
- a)Increase significantly
- b)Increase slightly
- c)Remain the same
- d)Decrease slightly
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Compared to the 2023-24 revised estimates, is the total expenditure (e...
The correct answer is Option 4.
Key Points
The total expenditure (excluding debt repayment) in the 2024-25 Bihar budget is expected to
decrease slightly by 12%
compared to the revised estimates of the previous year (2023-24). This shift towards fiscal prudence aligns with the government's goal of managing the state's finances responsibly.Here are some other notable aspects of the Bihar Budget 2024-25:
- Capital Outlay:This budget allocation, crucial for creating long-term assets and infrastructure, also experiences areduction of 26%compared to the 2023-24 revised estimates. While this might raise questions about prioritizing infrastructure development, other areas like agriculture and social welfare initiatives seem to be receiving increased focus.
- Debt Repayment:The state plans torepay ₹22,393 croreof its existing debt, signifying a commitment to managing the debt burden and improving the state's financial health.
- Revenue and Receipts:
- While the total expenditure is expected to decrease, the budget projects revenue (excluding borrowings) to increase by approximately 5.7%compared to the previous year's estimates.
- The government aims to achieve this through various measures, including improved tax collection efficiency and exploring new avenues for revenue generation.
- While the total expenditure is expected to decrease, the budget projects
- Focus Areas:Even with the overall decrease in expenditure, the budget prioritizes specific sectors, allocating funds for:
- Social Sector:This remains a significant focus area, accounting for nearly48% of the total expenditure, with continued emphasis on education, healthcare, and social welfare programs.
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Compared to the 2023-24 revised estimates, is the total expenditure (excluding debt repayment) in the 2024-25 Bihar budget expected to increase or decrease?a)Increase significantlyb)Increase slightlyc)Remain the samed)Decrease slightlyCorrect answer is option 'D'. Can you explain this answer?
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Compared to the 2023-24 revised estimates, is the total expenditure (excluding debt repayment) in the 2024-25 Bihar budget expected to increase or decrease?a)Increase significantlyb)Increase slightlyc)Remain the samed)Decrease slightlyCorrect answer is option 'D'. Can you explain this answer? for Software Development 2025 is part of Software Development preparation. The Question and answers have been prepared according to the Software Development exam syllabus. Information about Compared to the 2023-24 revised estimates, is the total expenditure (excluding debt repayment) in the 2024-25 Bihar budget expected to increase or decrease?a)Increase significantlyb)Increase slightlyc)Remain the samed)Decrease slightlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Software Development 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Compared to the 2023-24 revised estimates, is the total expenditure (excluding debt repayment) in the 2024-25 Bihar budget expected to increase or decrease?a)Increase significantlyb)Increase slightlyc)Remain the samed)Decrease slightlyCorrect answer is option 'D'. Can you explain this answer?.
Compared to the 2023-24 revised estimates, is the total expenditure (excluding debt repayment) in the 2024-25 Bihar budget expected to increase or decrease?a)Increase significantlyb)Increase slightlyc)Remain the samed)Decrease slightlyCorrect answer is option 'D'. Can you explain this answer? for Software Development 2025 is part of Software Development preparation. The Question and answers have been prepared according to the Software Development exam syllabus. Information about Compared to the 2023-24 revised estimates, is the total expenditure (excluding debt repayment) in the 2024-25 Bihar budget expected to increase or decrease?a)Increase significantlyb)Increase slightlyc)Remain the samed)Decrease slightlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Software Development 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Compared to the 2023-24 revised estimates, is the total expenditure (excluding debt repayment) in the 2024-25 Bihar budget expected to increase or decrease?a)Increase significantlyb)Increase slightlyc)Remain the samed)Decrease slightlyCorrect answer is option 'D'. Can you explain this answer?.
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