What is meant by Budget (Government) Expenditure? Describe its components (items).

Meaning of Budget Expenditure.
Budget (or Government) Expenditure refers to the estimated expenditure to be incurred by the government under different heads in a year. It needs to be noted that public (govt) expenditure for a welfare state has great significance because it (i) accelerates economic growth (ii) reduces inequality (iii) checks employment and depression.
Like two types of budget receipts, i.e., Revenue Receipts and Capital Receipts, budget expenditure is also of two types, i.e., Revenue Expenditure and Capital Expenditure as explained below. Components of each are shown in the following chart.

Note: According to India's budget for 2010-11, Expenditure of 1 Rupee was made on : Central plans 21 paise, assistance to states and U.T. plans 7 paise, interest payment 19 paise, defence 11 paise, subsidies 9 paise, nonplan assistance to states and U.T. 4 paise, state's share of taxes and duties 16 paise, other non-plan expenditure 13 paise = 100 paise.