MEASURING GOVERNMENT EXPENDITRE ON EDUCATION

How is Govt expenditure on Education Sector measured?

It is measured in 2 ways:

1 Percentage of Total Governement expenditure

2 Percentage of GDP

Percentage of Total Government expenditure

It is calculated by following formula

Total Education Expenditiure/ Total Govt Expenditure * 100

This denotes importance of education in scheme of things before the government

Percentage of Total Government expenditure

Is Govt spending as a percentage of GDP adequate?

No

It should be atleast 6% of Govt Budget

as per

Recommendation of Education Commission (1964-66)

However, even after 55 years it is only around 4%

MCQ Other Books

Q1

In the following questions, select the correct answers:

1 The expenditure of the government on education is expressed as:

A Percentage of total government expenditure

B Percentage of GDP

C Percentage of National Income

D Neither A nor B

Q2

Identify the correctly matched pair from column A to that of Column B:

A 1 – (a)

B 2 – (b)

C 3 – (c)

D 4 – (d)