Government Expenditure on Education: A Study of Centre and States in India

Since the Global Recession which originated in US and, had its impact on the countries across globe including India, there is a growing tendency of the governments to cut back public expenditure. This phenomenon is referred to as "shrinking state". The present paper discusses the trends in...

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Bibliographic Details
Published inEducational quest (New Delhi) Vol. 12; no. 3; pp. 227 - 237
Main Authors Balodi, Babita, Srivastava, Aarti
Format Journal Article
LanguageEnglish
Published New Delhi New Delhi Publishers 01.12.2021
Subjects
Capital expenditures
Consumption
Elementary education
Expenditures
GDP
Government spending
Gross Domestic Product
Higher education
International organizations
Public good
Public sector
Research Methodology
Secondary education
Social responsibility
Technical Education
Vocational education
India
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Summary:Since the Global Recession which originated in US and, had its impact on the countries across globe including India, there is a growing tendency of the governments to cut back public expenditure. This phenomenon is referred to as "shrinking state". The present paper discusses the trends in the public expenditure on education at various educational levels. It tries to determine the link between expenditure on education by the States and Centre and their respective GDP. The findings of the paper suggests that there is a negative correlation between the expenditure on education by the State and the respective state gross domestic product (SGDP) at nominal price whereas in case of gross domestic product (GDP) and total expenditure on education in India there is no such relationship. Moreover, the total budgetary provision on expenditure on education is declining although the total budgetary outlay of the Union Government is increasing in absolute terms.
ISSN:0976-7258
2230-7311
DOI:10.30954/2230-1311.3.2021.1