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Topic of Discussion: Public Finance

 Total Marks: 30  

Objectives: To make the students aware about the practical scope and application of this concept in developing world

 

 Scenario

 

The concept of state today is much more broaden than ever before. Now it is welfare state that strives for the wellbeing of all the masses no matter which economic, social, and religious or any other class they may belong to. Its role becomes more important and helping for the down trodden classes of the society who cannot make the basic needs of their life such as income, education and health etc. It needs to ensure that there is harmony in the society and the few or the rich do not over power the poor ones of the society. It therefore adopts measures to make sure that the underprivileged masses of the society are also getting the opportunities not only to meet the basic requirements of life but also the opportunities to excel in the walk of life as well. It is mandatory for the state for the reason that the market forces are ready to serve the interests of those who can pay for the services rendered rather than those who cannot. It needs to control the market forces from over ridding the masses for their profit interest.

 

Question: Please explain how the state can help the down trodden masses of the society as per the above mentioned paragraph. 

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Replies to This Discussion

itny sary sary students hay ....

lakin mujhy isa lag raha jaisy akely mujhy hi GDB krny ko mila hay....

come on friendsssssssss uth jao sab aik din reh gya hay bas......

Question mai pocha gaya ha k state kaise help kr skhti ha society k ghareeb logon ki  ??? 

ji bilkul yahi pucha hy ..... or almost ans usi may hay.... thora sa google kr lo ...

hmmmmm

thanks....

koi bta skta ha gdb kitny words ka hona chay maximum....?

Public Finance is all about the field of economics that how the government of Pakistan raise and spend money, also what would be the effect on the economy and the society. Government role is very important in this field because all the things are reliant on the government and government is responsible for all the incoming and outgoing income also government provide their services at national and local level.  Government provide their services in different ways against the earning from the public from their taxes, these services are public goods, expense of military forces, salaries of government employees, development of roads and streets etc.

Government also works for the poor society to reduce their poverty through the public financing, for this government provides different programs for poor society like welfare of the society.  Government spends more money on the poor society and the low income societies also provide different financial backing to them, government allocate budget for the low income society according to their needs and circumstances.

The government can reduce to poverty by public financing in this society and this society also meet the quality standards of life and can achieve their goals. The basic need which government can fulfill for the betterment of the down trodden is education in the rural areas, rural area masses is totally ignored for the quality of education also I would say there is no complete education for poor society, if the education would be improved then poverty will be decreased and these individuals would the tax payer. The state can improve the health of the rural areas by funding more budgets because the health sector budget is very low which is not enough for them so the standard of life is not good in that areas and the masses of these society cannot afford to get better health treatment from the private sector, this is the prime responsibility of the government to provide free health services to the poor society. There are many other things to help and reduce the poverty from the country like relaxation on bill prices, rural sanitation and water supply and girl’s education as well.

ktne words ka hona chhaiye ye gdb max.... ???? 

Max.200 words

thnxxxx

 YouSuf IqBal Thanks for sharing ur idea 

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Public Finance is all about the field of economics that how the government of Pakistan raise and spend money, also what would be the effect on the economy and the society. Government role is very important in this field because all the things are reliant on the government and government is responsible for all the incoming and outgoing income also government provide their services at national and local level.  Government provide their services in different ways against the earning from the public from their taxes, these services are public goods, expense of military forces, salaries of government employees, development of roads and streets etc.

Government also works for the poor society to reduce their poverty through the public financing, for this government provides different programs for poor society like welfare of the society.  Government spends more money on the poor society and the low income societies also provide different financial backing to them, government allocate budget for the low income society according to their needs and circumstances.

The government can reduce to poverty by public financing in this society and this society also meet the quality standards of life and can achieve their goals. The basic need which government can fulfill for the betterment of the down trodden is education in the rural areas, rural area masses is totally ignored for the quality of education also I would say there is no complete education for poor society, if the education would be improved then poverty will be decreased and these individuals would the tax payer. The state can improve the health of the rural areas by funding more budgets because the health sector budget is very low which is not enough for them so the standard of life is not good in that areas and the masses of these society cannot afford to get better health treatment from the private sector, this is the prime responsibility of the government to provide free health services to the poor society. There are many other things to help and reduce the poverty from the country like relaxation on bill prices, rural sanitation and water supply and girl’s education as well.



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