Expenditure on Education and Health
Published: Feb 20, 2019
Abstract: Public Expenditure on Education and literacy rate in India, both have increased manifold since independence. In 1951-52 public expenditure on education was INR 0.644 billion which increased to an allocation of INR 4651 billion in 2013-14 and INR 5600 billion in 2015-16. These amounts include expenditure on education by all centre and state departments. In terms of percentage share in the total GDP, the expenditure on education has increased from 0.64 per cent (1951-52) to 4.07 per cent (2013-14).
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