Public Expenditure on Education in India: Centre–State Allocations

Education, as a public good, necessitates state expenditure. As a concurrent subject, it requires co-sharing of financial, regulatory and developmental functions in a federal polity. Public expenditure on education in India is around 4% of GDP. However, analysis shows that only 1% is borne by the Un...

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Published inJournal of development policy and practice (New Delhi, India) Vol. 8; no. 2; pp. 194 - 208
Main Authors Motkuri, Venkatanarayana, Revathi, Ellanki
Format Journal Article
LanguageEnglish
Published New Delhi, India SAGE Publications 01.07.2023
Subjects
public expenditure on education
investment in education
education
expenditure on education
Centre–State expenditure on education
India
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Summary:Education, as a public good, necessitates state expenditure. As a concurrent subject, it requires co-sharing of financial, regulatory and developmental functions in a federal polity. Public expenditure on education in India is around 4% of GDP. However, analysis shows that only 1% is borne by the Union while 3% is borne by the states together. The long pending goal of spending 6% of GDP on education, needs to be equally shared by both the central and the state governments lest the development of education remain a lofty ideal.
ISSN:2455-1333
2455-4953
DOI:10.1177/24551333231163949