Abstract
Broad trends in the central government expenditure and its composition especially during the economic reform phase and the emerging issues are analysed in the present paper. Analysis of the deficit trends of the central government highlights a major fiscal concern relating to the composition of fiscal deficit, wherein the revenue deficit constitutes a predominant and largely uncontained share leaving very little room for capital investments, a dire concern for a country struggling with infrastructure inadequacies. Issues concerning dwindling capital expenditure, small and inadequate allocations to social and economic infrastructure, the poor quality of spending, poor translation of outlays into outcomes and inadequate corrective measures emerge from the discussion on the public expenditure analysis. Further, the paper also addresses the issues of public expenditure management and control.
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Karnam, G. (2018). Public Expenditure in India: Some Issues and Concerns. In: Karnam, G. (eds) Public Budgeting in India. India Studies in Business and Economics. Springer, New Delhi. https://doi.org/10.1007/978-81-322-3917-8_6
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DOI: https://doi.org/10.1007/978-81-322-3917-8_6
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