Educational Finance in India: Exploring Trends, Disparities and Inequalities

This book analyses the trends, disparities and inequalities in educational expenditure in India at national, sub-national and households’ levels. It presents an understanding of the paradigm shift in educational finance from state dominated to market driven and its impact on the trends and patterns of Education Financing in India. Educational Finance in India analyses the trends, disparities and inequalities in educational expenditure in India at national, sub-national and households’ levels. It presents a careful understanding of the complexities of the paradigm shift in educational finance from state dominated to market driven and its resultant impact on the trends and patterns of Education Financing in India. Starting with a macro analysis of public education funding in India, the book navigates through institutional as well as household expenditures highlighting inter-state, inter-group and gender disparities. The book examines Centre-State relations in education funding and the latest Finance Commission’s role in promoting horizontal as well as vertical equality. The book also includes chapters on new concepts and practices in educational financing such as Efficiency, Adequacy and efficacy, Gender budgeting and foreign aid. Covering a wide spectrum of issues, this book will be useful to the students, researchers and teachers working in the field of Education, Development Studies, Economics, commerce, management, Social Work, and Sociology. It would also be an invaluable companion to policy makers, professionals from government and non-government organizations working in the area of education and social development.