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

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The Budget and Structural Adjustment with a Human Face

The structural adjustment programme in the country is being implemented against a background of incomplete structural transformation, low level of human development and distorted patterns of expenditure in education and health. Complicating the issue further is the fact that the bulk of the expenditure on social sectors is incurred by the state governments which have pursued human development strategies with varying degrees of intensity. Given such dismal initial conditions and the low rate of growth of the economy, the pursuit of structural adjustment with a human face depends on the degree of political commitment at both the centre and the state levels.

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