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Social Welfare Spending of States

August 24, 2023

GS Paper II Indian Polity and Governance

Context:

According to the Crisil, social welfare spending of 11 states is to hit a 10 year high of Rs 4 lakh crore.
- However, these do not include spending on education, agriculture, public health and other key sectors, which are budgeted separately.

Social Welfare Spending

The top 11 Indian states account for 75-80 percent of aggregate gross state domestic product (GSDP).
- It is expected to reach a decadal high of over Rs 4 lakh crore, according to the budget estimates of these states for fiscal year 2024.
Committed Expenditure:
- Includes salaries, pension, and interest payments are estimated to grow at a compound annual growth rate (CAGR) of 9 percent between fiscal years 2018 and 2024.
Non-Committed Expenditure:
- Includes outlays on education (10-11 percent of revenue expenditure), power sector (6-7 percent), agriculture (6-7 percent), public health (4-5 percent), and social welfare schemes (13 percent).
Expenditure on social welfare schemes is estimated to clock 16 percent CAGR between fiscals 2018 and 2024, much faster than 11 percent growth in overall revenue expenditure.

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