Expenditure on midday meal given to the students by the government Is it revenue expenditure or capital expenditure - Economics - Government Budget and the Economy

Question

Expenditure on midday meal given to the students by the government
Is it revenue expenditure or capital expenditure?

Somya Jain · Accepted Answer

revenue expenditure
since it is neither creating assets
nor decreasing liability

capital expenditure is when
either it creates assets or decrease liability

Expenditure on midday meal given to the students by the government. Is it revenue expenditure or capital expenditure?