government spends on child immunization programme ..analyse its impact on GDP and welfare.
Dear Student
Expenditure on Child Immunisation Programme by Government is productive expenditure which increases the productivity and efficiency of economy. Since complete vaccination and immunisation against various diseases improves health, it increases the efficiency level of people and results in welfare of society. Younger and new generation of India will be healthier which means superior human capital which ensures maximum and better utilization of physical resources. As result there will be increase in production capacity and hence increase in GDP and welfare of economy in long run.
Regards
Expenditure on Child Immunisation Programme by Government is productive expenditure which increases the productivity and efficiency of economy. Since complete vaccination and immunisation against various diseases improves health, it increases the efficiency level of people and results in welfare of society. Younger and new generation of India will be healthier which means superior human capital which ensures maximum and better utilization of physical resources. As result there will be increase in production capacity and hence increase in GDP and welfare of economy in long run.
Regards