ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Fiscal Correction and Human Resource Development-Expenditure at Central and State Levels

Fiscal Correction and Human Resource Development Expenditure at Central and State Levels S P Gupta A K Sarkar This paper attempts to examine whether human resource development has been adversely affected by the macro- economic and sectoral policy reforms undertaken by the government of India since 1991. It analyses the human resource development expenditure of the central and state governments since 1988. The analysis may help in judging whether the economic costs of adjustment are fast getting transposed into heavy social costs.

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