https://www.taxtmi.com/news?id=27644 Government social sector spending has risen since 2016, with social welfare expenditure growing at a CAGR of 12.8% and health expenditure at a CAGR of 15.8% between FY18 and FY24. In the 2023-24 budget estimates, expenditure on social services increased to 7.8% of GDP and health expenditure to 1.9% of GDP, while social services rose to 26% of total expenditure and health constituted 6.5% of total expenditure. en-us Mon, 22 Jul 2024 15:23:13 +0530 Mon, 22 Jul 2024 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27644 Government social sector spending has risen since 2016, with social welfare expenditure growing at a CAGR of 12.8% and health expenditure at a CAGR of 15.8% between FY18 and FY24. In the 2023-24 budget estimates, expenditure on social services increased to 7.8% of GDP and health expenditure to 1.9% of GDP, while social services rose to 26% of total expenditure and health constituted 6.5% of total expenditure. News - Mon, 22 Jul 2024 15:23:13 +0530 https://www.taxtmi.com/news?id=27644