Abstract

The paper examines the level, trends, growth and intra-sectoral allocation of Public expenditure on education. Finding indicates that quantum of expenditure on education has increased significantly since 2001, But still the actual amount of money spend on education sector is less than the required amount. The paper explores the trends of public expenditure on education, like, trends on planned and Non planned expenditure, Revenue and Capital expenditure. The paper also throws light on trends in intra sect oral allocation public expenditure i.e. expenditure on primary, secondary, higher education and technical education. Trends also found in expenditure incurred by State government and central government. Analysis shows that percentage share of State government has decline and the share of central government has increased. Some Trends has also been found in planned and Non planned expenditure on education. Share of former has increased and share of later has decline. No major trends have been found on Revenue and capital account expenditure. Capital account expenditure is meagre amount of the total expenditure.

Highlights

  • Education is most important components of social sector

  • The objectives of the paper is to provide comprehensive assessment of the expenditure incurred both by Central and State Government on education, The primary focus of the study is on the following objectives:

  • Anuradha De et al [1] in their working paper on the title “Public Expenditure on Education in India, Recent Trends and Outcomes” found that public expenditure on education in current prices has been growing at the compound annual growth rate (CAGR) of 13.4 per cent p.a. for the period 1990-91 to 2003-04 the rate of growth has slowed down in the present decade

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Summary

Introduction

Education is most important components of social sector. Education is public good and it is included in the concurrent list of Indian constitution, both Central and state government has the responsibility to maintain quantity, quality, access and equity in education. The education commission 1964-66 popularly known as kathori commission made a detailed analysis of financial requirement of educational sector, and recommended that we should increase the proportion of GDP spend on education to 6 percent of GDP by 1985-86 Among other recommendation this recommendation was accepted by the government and it was decided to raise the spending on education to 6 percent of GDP by 1986. In The common Minimum programme of the UPA government it was decided that public spending on education will be raised to 6 percent of the GDP and that will be in the phased manner With this background the present study tries to analyse the level and composition of public expenditure on education sector

Objective of the Study
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