Page 233 - DECO404_PUBLIC_FINANCE_HINDI

bdkbZ—18% yksd O;; osQ izHkko

uksV
Y N
C+I+G
E 1
L
fofu;ksx C+1

rFkk S
mi;ksx

45°
O Y Y X
2
jk"Vªh; vk;

lekIr fd;k tk ldrk gS vkSj bl rjg] ljdkjh [kpZ vkfFkZd fLFkjrk cuk;s j[kus esa enn dj ldrk gSA
vk; Lrj vkSj jkstxkj dh ek=kk ij lkoZtfud O;; osQ iM+us okys izHkko dks ,d fp=k }kjk Hkh vklkuh ls Li"V
fd;k tk ldrk gSA fp=k esaa Y- v{k ij miHkksx ,oa fofu;ksx dh ek=kk,¡ ekih xbZ gSa rFkk X- v{k ij vk; Lrj
dks fy;k x;k gSA ON vk; js[kk gS tks miHkksx ,oa fofu;ksx js[kk C + I dks E fcUnq ij dkVrh gS tks izkjfEHkd
lUrqyu Lrj gS vFkkZr~ tc ljdkj osQ }kjk fdlh izdkj dk O;; ugha fd;k tkrk gS] O;; ml voLFkk esa OY

vk; Lrj ij jkstxkj gSA eku fyft, ljdkj EL osQ cjkcj vk; c<+k nsrh gS vkSj LokHkkfod gS fd u;h miHkksx
,oa fofu;ksx js[kk C + I + G gks tk;sxhA bl voLFkk esa u;k lUrqyu E gksxkA ,slh fLFkfr esa jk"Vªh; vk; OY
ls c<+dj OY gks tk;sxh vksj ifj.kkeLo:i jkstxkj dk Lrj vk;&o`f¼ vuqikr esaa c<+ksrjh gks tk;sxhA bl
1
izdkj Li"V gks tkrk gS fd lkoZtfud O;; osQ ekè;e esa eanhdky dks vk; ,oa jkstxkj esa o`f¼ djosQ lekIr
fd;k tk ldrk gSA

18-6-1 izfrdkjh ;k {kfriwjd O;; (Compensatory Expenditure)

eUnh dh vof/ esa xSj&ljdkjh [kpZ dh deh dks iwjk djus osQ fy, rFkk vkfFkZd fLFkjrk vFkok jk"Vªh;
vFkZO;oLFkk dks mlosQ vuqowQyre Lrj ij cuk;s j[kus osQ fy, tks ljdkjh [kpZ fd;k tkrk gS og vkerkSj ij
izfrdkjh ;k {kfriwjd dgk tkrk gSA {kfriwjd O;; djus dh i¼fr ;g gksrh gS fd eUnh osQ le; esa Hkkjh
ek=kk esa ljdkjh O;; fd;s tkrs gSa vkSj T;ksa&T;kas vFkZO;oLFkk (economy) eUnh osQ pØO;wg ls fudyrh tkrh
gSa R;ksa&R;ksa ,sls O;; esa 'kuS% 'kuS% deh gksrh jgrh gSA
vr% ljdkj osQ fy, vR;Ur vko';d gS fd eUnh dh fLFkfr essa vkxs c<+s vkSj eUnh osQ izHkkoksa dks nwj djus
osQ fy, vFkok izkbosV O;fDr;ksa esa c<+rh gqbZ fu%lap; dh izo`fÙk (propensity to hoard) osQ izHkkoksa dks
lekIr djus osQ fy, og vius [kpZ djsA
eUnh dh vof/ esa] ljdkj }kjk {kfriwfrZ O;; dk vFkZ gksrk gS ?kkVs dh foÙk&O;oLFkk dks viukukA {kfriwjd
O;; osQ fy, /u dh O;oLFkk djus osQ rhu mik; ;s gSa&djk/ku (taxation), m/kj (borrowing) rFkk ubZ
eqnzk dk fuekZ.k (Creation of new money)A vf/d djk/ku dk igyk mik; ,sls le; esa lEHko ugha gksrk
tcfd csjkstxkjh c<+h gqbZ gks vkSj vkenfu;ksa osQ Lrj uhps gksaA ijUrq ;fn ljdkj fulap; djus okyksa ij dj
yxkdj /u izkIr djs rks gks ldrk gS fd mlosQ izfrowQy izHkko u gksaA ?kkVs dh [kpZ dh iwfrZ osQ fy, ;fn ljdkj
m/kj ysdj /u izkIr djrh gS vkSj ;fn ;s m/kj xSj&ljdkjh miHkksx rFkk fuos'k osQ fy, miyC/ /u esa deh
dj nsrs gSa rks mlosQ dksbZ ykHkdkjh izHkko ugha gksaxsA ;fn ljdkj de C;kt ij cSadksa ls m/kj ysrh gS rks {kfriwfrZ
O;; osQ izHkko eqnzk izlkj tSls gh gksrs gSaA ;s m/kj mu /ujkf'k;ksa dks de ugha djrs tks fd izkbosV fuos'kdrkZvksa
osQ fy, vko';d gksrh gSaA vr% O;fDrxr cprksa ls m/kj] c'krsZa fd os mi;ksx dks izHkkfor u djsa] vkSj cSadksa
}kjk ubZ eqnzk osQ fuekZ.k ls m/kj] nksuksa gh {kfriwjd O;; dh foÙkh; O;oLFkk esa cM+s lgk;d gksrs gSaA

LOVELY PROFESSIONAL UNIVERSITY
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LOVELY PROFESSIONAL UNIVERSITY