Archive | Public Expenditure

8 Main Canons of Public Expenditure

This article throws light upon the eight main canons of public expenditure. The canons are: 1. Canon of Benefit 2. Canon of Economy 3. Canon of Sanction 4. Canon of Surplus 5. Canon of Elasticity 6. Canon of Neutrality 7. Canon of Productivity 8. Canon of Equitable Distribution. 1. Canon of Benefit: According to Prof. Findlay Shirras public expenditure should [...]

By |2016-07-12T14:18:13+00:00July 12, 2016|Public Expenditure|Comments Off on 8 Main Canons of Public Expenditure
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Cost Benefit Analysis (CBA): Meaning, Postulates and Limitations

After reading this article you will learn about:- 1. Meaning of Cost Benefit Analysis 2. Fundamentals of Cost-Benefit Analysis 3. Basic Postulates 4. Limitations. Meaning of Cost Benefit Analysis: In general parlance, cost benefit analysis (CBA) refers to changes in the allocation of resources brought about by a project. In this the investor looks at the allocation of resources before [...]

By |2016-07-12T14:18:13+00:00July 12, 2016|Public Expenditure|Comments Off on Cost Benefit Analysis (CBA): Meaning, Postulates and Limitations
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