Expenditure on Education in India: A Short Note Subhanil Chowdhury and Prasenjit Bose

The importance of education in economic development is accepted across the ideological divide in economic theory and policymaking. However, both the recent phase of market oriented reforms in India and the earlier phase of state led development planning have failed to ensure access to basic education for the masses. The UPA government has to make a decisive break from its predecessor and mobilize adequate resources for universal elementary education through taxation of the rich and privileged.

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