Public Expenditure in India

Public Expenditure in India
Author :
Publisher : Oxford University Press
Total Pages : 337
Release :
ISBN-10 : 9780192857569
ISBN-13 : 0192857568
Rating : 4/5 (568 Downloads)

Book Synopsis Public Expenditure in India by : Gayithri Karnam

Download or read book Public Expenditure in India written by Gayithri Karnam and published by Oxford University Press. This book was released on 2022-05-23 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government is a major player in the development of an economy. Government's public financial operations involving mobilization of revenue, and its spending has considerable implications on the growth, distribution and stability necessitating a careful study to enable informed mid course policy corrections to the macroeconomic developments. A critical review of public expenditure is imperative in ensuring optimal use of public resources for the maximization of welfare. The book provides an empirical understanding of historical trends and composition of public expenditure at the central and the sub national levels; the effectiveness of public expenditure control systems and accountability issues; the political economy of spending decisions; public expenditure reforms undertaken in India and international best options that can guide the corrective process in India. Given the global shift in focus from 'outlays' to 'outcomes' it is important to put in place a sound framework to track the results of government expenditure programs to guide the informed expenditure decision making process. The book documents the features of useful frameworks and steps involved in adopting a robust results framework. Fiscal management of Covid-19 is an important component of the book. The purpose of this volume is to reach out a comprehensive and updated understanding of empirical issues in public expenditure and its management in India to the students of Public Finance.


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