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How defence purchases is revenue expenditure …

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How defence purchases is revenue expenditure in the indian government budget

    • Posted by Simran Grover 7 years, 6 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Asmita Arora 7 years, 6 months ago

    As it neither creates assets nor reduces liability of the govt.

    0Thank You

    Raghav Narang 7 years, 6 months ago

    Because it is governments day to day expenditure not once in a time. Moreover it doesn't create assets for the government. That's why expenditure on defence is revenue in nature.

    1Thank You

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