CUET Preparation Today
| How has economic reform affected developmental and welfare expenditures? |
Increased developmental and welfare expenditures Decreased developmental and welfare expenditures No significant impact on developmental and welfare expenditures Shifted focus from developmental to welfare expenditures |
| Decreased developmental and welfare expenditures |
| Economic reforms, with their focus on limiting public expenditure, have had a negative impact on developmental and welfare expenditures. Tax reductions, reduced customs duties, and tax incentives for foreign investors have resulted in decreased revenue for the government, limiting the funds available for developmental and welfare initiatives. |
