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of <h1>India's Social Services Spending Rises: Health Expenditure Up 15.8% CAGR, Total Reaches Rs. 23.5 Lakh Crores in 2023-24.</h1> The Economic Survey 2023-24 highlights a significant rise in India's government spending on social services since 2016. Between FY18 and FY24, social welfare expenditure grew at a CAGR of 12.8%, while health expenditure increased by 15.8%. As a percentage of GDP, social services spending rose from 6.7% in 2017-18 to 7.8% in 2023-24, with health expenditure climbing from 1.4% to 1.9%. Total expenditure on social services reached Rs. 23.5 lakh crores in 2023-24, with health accounting for Rs. 5.85 lakh crores. The share of social services in total expenditure increased to 26%, with health comprising 6.5%.
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