Page 234 - DECO404_PUBLIC_FINANCE_HINDI

yksd foÙk

uksV

VkLd izfrdkjh ;k {kfriwjd O;; ls D;k rkRi;Z gS\

lhek;sa (Limitations)µvFkZ'kkfL=k;ksa u bu [krjksa dh vksj Hkh è;ku fnyk;k gS tkss fd mRiknu c<+kus rFkk
vf/d jkstxkj eqgS;k djkus osQ fy, ljdkjh O;; dk mi;ksx fd;s tkus esa fufgr gSaA budk laf{kIr o.kZu
fuEufyf[kr gSµ
(i) loZizFke ;g gks ldrk gS fd ljdkj osQ ikl lkoZtfud fuekZ.k dh leqfpr ;kstuk;sa u gksa vkSj vf/d
jkstxkj miyC/ djkus osQ uke ij og ,slh ifj;kstukvksa dks gkFk esa ys ys tks csdkj gksa] vuqRiknd gksa rFkk lekt
osQ dY;k.k esa dksbZ c<+ksÙkjh u djrh gksa] cfYd blosQ foijhr tks leqnk; osQ LokLF; rFkk dk;Z{kerk osQ fy,
gkfudkjd gksaA
(ii) nwljs ;g gks ldrk gS fd okf.kfT;d m|keksa dk lapkyu djus esa ljdkj i;kZIr oqQ'ky fl¼ u gksA rhljs]
ljdkjh [kpZ osQ fy;s /u dk izcU/ ;fn ?kkVs dh foÙk O;oLFkk }kjk fd;k x;k rks mlls ml le; eqnzkLiQhfr
dh n'kk;sa mRiUu gks ldrh gSa tcfd ljdkj dks bl ckr dk Kku u gks fd tc vFkZO;oLFkk eUnh osQ pØO;wg
ls ckgj fudy vk;s rks fuos'k (investment) dh nj esa fdl izdkj deh dh tk,A dHkh&dHkh lkoZtfud
fuekZ.k dk;ZØe ,slh izo`Qfr osQ gksrs gSa (tSls fd cgq&mís';h; ty fo|qr ifj;kstuk,a) ftUgsa vkjEHk djosQ iwjk
gh djuk gksrk gS rFkk chp esa ugha NksM+k tk ldrk gSA bUgsa chp esa NksM+ nsus ls bu ij fd;k x;k O;; vuqRiknd
O;; cu tkrk gSA {kfriwjd ljdkjh O;; ls pw¡fd ljdkj }kjk fy, tkus okys Í.kksa dh ek=kk rFkk muosQ C;kt
dk [kpZ c<+ tkrk gS vkSj ljdkj ,d vuko';d cks> osQ uhps nc tkrh gSA vr% vusd fo}ku ;g ilUn ughas
djrs fd jkstxkj dk Lrj mW¡WQpk mBkus rFkk mRiknu c<+kus osQ fy, ljdkjh [kpZ dk mi;ksx fd;k tk,A rFkkfi]
vuqHko ;g crkrk gS fd eUnh dh fLFkfr esa mRiknu c<+kus esa rFkk vf/d jkstxkj eqgS;k djkus esa ljdkjh [kpZ
cM+k vuqowQy izHkko Mkyrk gS] c'krsZa fd bldk mi;ksx vR;Ur lko/kuh rFkk cqf¼eÙkk osQ lkFk fd;k tk,A
18-6-2 eqnzkLiQhfr esa yksd O;; (Public Expenditure in Inflation)

ljdkjh O;; eqnzkLiQhfr vFkkZr~ c<+rh gqbZ dherksa dks fu;fU=kr djus esa lgk;d gks ldrk gSA eqnzkLiQhfr ml
n'kk dk uke gS tcfd fuos'k cprksa ls vf/d gks tkrs gSaA bl fLFkfr esa ljdkj dks pkfg, fd og cs'kh dk
ctV (surplus budget) cuk;s] vFkkZr~ viuh vk; ls de [kpZ djs vkSj bl izdkj cs'kh osQ ctV ls tks
vfrfjDr /u izkIr gks mldk mi;ksx mls vFkZO;oLFkk osQ mu {ks=kksa esa iw¡th miyC/ djkus osQ fy, djuk pkfg,
ftuesa fd iw¡th dh deh vuqHko dh tk jgh gks rkfd vFkZO;oLFkk (economy) dh oqQy mRiknu {kerk esa o`f¼
gks losQA ns'k esa oLrqvksa rFkk lsokvksa dh ek=kk esa o`f¼ djosQ c<+rh gqbZ dherksa dks Hkh jksdk tk ldrk gSA vr%
ljdkjh [kpZ mu ifj;kstukvksa ij fd;k tkuk pkfg, ftlls fd vFkZO;oLFkk dh mRiknu {kerk (productive
capacity) esa rhozxfr ls o`f¼ gksA o`Qf"k osQ {ks=k esa ;fn ,slk djuk gS rks og y?kq ¯lpkbZ ifj;kstukvksa ij rFkk
vPNs fdLe osQ chtksa o vPNh fdLe dh [kkn vkfn osQ mRiknu ij fd;k tk ldrk gSA m|ksx&/U/ksa osQ {ks=k
esa ;fn ,slk ljdkjh [kpZ djuk gS rks og u;s&u;s m|ksxksa dh LFkkiuk rFkk pkyw m|ksxksa osQ foLrkj osQ fy,
lqfo/k,¡ iznku djus esa fd;k tk ldrk gSA rFkkfi] leL;k osQ lek/ku dk ;g igyw osQoy vYifodflr vFkok
fodkl'khy ns'kksa osQ fy, gh lgh fl¼ gks ldrk gS tgk¡ fd mRikn osQ vusd fofHkUu lk/u] vFkkZr~ vusd

o`Qf"k&iQkeZ rFkk iSQDVfj;k¡ vkfn] viuh mRiknu {kerk osQ b"Vre Lrj (optimum level) rd u igq¡ph gksaA
ijUrq tgk¡ mRiknu osQ fofHkUu lk/u] vFkkZr~ o`Qf"k&iQkeZ rFkk iSQDVfj;k¡ vkfn] igys ls gh viuh mRiknu&{kerk
osQ b"Vre Lrj ij dk;Z dj jgs gksa ogk¡ ,sls ljdkjh O;; ls vFkZO;oLFkk ij eqnzkLiQhfr lEcUèkh ncko gh iM+us
dh lEHkkouk jgrh gSA bldk dkj.k ;g gS fd ,slk djus ls yksxksa osQ gkFkksa ls vfrfjDr Ø;'kfDr rks c<+ tk;sxh
fdUrq mRiknu esa mruh o`f¼ ugha gksxh D;ksafd ,sls ns'kksa dh mRiknu&{kerk rks igys gh b"Vre Lrj rd igq¡p

LOVELY PROFESSIONAL UNIVERSITY
LOVELY PROFESSIONAL UNIVERSITY
LOVELY PROFESSIONAL UNIVERSITY
228 LOVELY PROFESSIONAL UNIVERSITY
LOVELY PROFESSIONAL UNIVERSITY