Shifting Budget Allocation Priorities in India

Authors

  • Ainesh Banerjee The Shri Ram School Aravali - Gurgaon
  • Ashwin Malik Alum: Amity University, Noida

Keywords:

India, Budget, Allocations, Budgetary, Education, Agriculture, Defense, Healthcare

Abstract

This research paper focuses on studying the allocation of the budget among four pillars of the Indian economy, education, agriculture, healthcare, and defense by the United Progressive Alliance as well as the National Democratic Alliance over the course of the past few years. The objective of this paper is to determine which government focuses more on which sector in a specific year and to study the various factors which influence it. The data which has been used to analyze the allocations have been picked up from the official Ministry of Finance website. This paper has been written from the perspective of one individual and does not aim to influence public opinion or harm any emotional or political sentiments.

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Author Biography

Ashwin Malik , Alum: Amity University, Noida

Advisor

References or Bibliography

Union Budget and GDP Data collected from the official website of the Ministry of Finance, Accessed on multiple occasions from 29th

July till 19th October 2021.

https://www.indiabudget.gov.in/previous_union_budget.php

Business Standard(2018), Story in Numbers: Spending on education in four years of Modi Government, Business Standard, from

https://www.business-standard.com/article/current-affairs/story-in-numbers-spending-on-education-in-four-years-of-modi-government-118020400653_1.html

Ryckman, M. L. (2019b, April 24). What Is a Budgetary Allocation? Small Business-Chron.Com.

https://smallbusiness.chron.com/budgetary-allocation-31340.html

R. (2019, February 11). What Is a Budget Allocation? Bizfluent. Retrieved September6,2021,from

https://bizfluent.com/info-7784618-budget-allocation.html

Corporate Finance Institute. (2021, February 9). Fiscal Policy.

https://corporatefinanceinstitute.com/resources/knowledge/economics/what-is-fiscal policy/#:%7E:text=Fiscal%20policy%20refers%20to%20the,progress%20to%20within%20the%20economy.&text=It%20is%20the%20sister%20strategy,is%20a%20powerful%20tool%20to.

Budget Allocation and Resource Planning. (n.d.). SSWM - Find Tools for Sustainable Sanitation and Water Management!

https://sswm.info/humanitarian-crises/prolonged-encampments/planning-process-tools/implementation-tools/budget-allocation-and-resource-planning

Published

06-15-2022

How to Cite

Banerjee, A., & Malik , A. (2022). Shifting Budget Allocation Priorities in India. Journal of Student Research. Retrieved from https://www.jsr.org/hs/index.php/path/article/view/2704

Issue

First Athena Research Conference

Section

Research Posters

Copyright (c) 2022 Ainesh Banerjee; Kah Ying Choo, Dr. Mritunjay Sharma, Vandanee Ramani

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