Trends, Growth and Changing Patterns of Public Expenditure on Education in IndiaTasleem Araf C*
Department of Economics, Central University of Kashmir, India
- *Corresponding Author:
- Tasleem Araf C
Department of Economics
Central University of Kashmir, India
E-mail: [email protected]
Received date: October 27, 2016; Accepted date: November 28, 2016; Published date: December 05, 2016
Citation: Tasleem Araf C (2016) Trends, Growth and Changing Patterns of Public Expenditure on Education in India. J Glob Econ 4:226. doi: 10.4172/2375- 4389.1000226
Copyright: © 2016 Tasleem Araf C. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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.