Public Expenditure on Education in India: Centre–State Allocations

Venkatanarayana Motkuri and Ellanki Revathi

Journal of Development Policy and Practice, 2023, vol. 8, issue 2, 194-208

Abstract: 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.

Keywords: Centre–State expenditure on education; education; expenditure on education; India; investment in education; public expenditure on education (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jodepp:v:8:y:2023:i:2:p:194-208

DOI: 10.1177/24551333231163949

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