Public Expenditure in India: Policies and Development Outcomes

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Gayithri Karnam (Professor of Economics, Professor of Economics, Institute of Social and Economic Change)

Public Expenditure in India

Policies and Development Outcomes

Gayithri Karnam (Professor of Economics, Professor of Economics, Institute of Social and Economic Change)

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English

Oxford University Press
23 May 2022

Macroeconomics; Economic growth; Public finance

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.

By: Gayithri Karnam (Professor of Economics Professor of Economics Institute of Social and Economic Change)
Imprint: Oxford University Press
Country of Publication: United Kingdom
Dimensions: Height: 223mm, Width: 146mm, Spine: 23mm
Weight: 1g
ISBN: 9780192857569
ISBN 10: 0192857568
Pages: 328
Publication Date: 23 May 2022
Audience: College/higher education , A / AS level
Format: Hardback
Publisher's Status: Active

1: Introduction and Overview 2: Understanding Key Expenditure 3: Public Expenditure in India 4: Trends in Sub National Expenditure 5: Public Expenditure Control 6: Elections and Government Expenditures 7: Public Financial Accountibility Issues 8: Public Expenditure Reforms 9: Outlays to Outcomes 10: Covid-19 and Public Spending

Gayithri Karnam is a Professor of Economics at the Institute for Social and Economic Change, Bangalore. Her extensive research in state fiscal studies, public expenditure planning and management, Budget reforms and participation as an advisor in innumerable state government committees has enriched her understanding of applied Public Finances. She was a consultant to international donor agencies like USAID and DFID in state level fiscal studies. She is a recipient of Shastri Indo Canadian faculty research fellowship twice to undertake comparative fiscal studies at the Carleton University, Canada. Her advanced training at the Duke Center for International development, Duke University on 'public budgeting and financial management' and at the John F Kennedy School of government at the Harvard University, Boston, in the executive education program on 'Public financial management in a changing world' have aided in the conduct of cutting edge research.

Reviews for Public Expenditure in India: Policies and Development Outcomes

Gayathri Karnam's extensive Public Expenditure in India: Policies and Development Outcomes covers historical trends and experience of national and subnational governments across sectors, various budgeting strategies and reforms witnessed over the years. The author extensively explains budget and fiscal policy management and performance...the book is a must read for an updated, comprehensive understanding of Indian public expenditure. * Deyona Rose Saji, Regional Studies *