Which of the following statement is/are correct with reference to the combined (Centre and States) social sector expenditure?
Which of the following statement is/are correct with reference to the combined (Centre and States) social sector expenditure?
A. The Economic Survey 2020-21 states that the combined (Centre and States) social sector expenditure as per cent of GDP has decreased in 2020-21 compared to last year.
B. According to the Survey, India’s rank in HDI 2019 was recorded 131 compared to 129 in 2018, out of a total 189 countries.
C. Both A & B
D. None of these
Explanation:
The Economic Survey 2020-21 states that the combined (Centre and States) social sector expenditure as per cent of GDP has increased in 2020-21 compared to last year. The expenditure on social services (education, health and other social sectors) by Centre and States combined as a proportion of GDP increased from 7.5% in 2019-20 (RE) to 8.8% in 2020-21 (BE).
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