Social Sector Expenditures and Their Impact on Human Development in India: Empirical Evidence During 2001-02 To 2015-16
S. M. Reddy1, V. V. Narsi Reddy2
1S. M. Reddy, Post-Doctoral Fellow, Department of Economics, Andhra University, Visakhapatnam (Andhra Pradesh), India.
2V. V. Narsi Reddy, Associate Professor, School of Management Studies, Lakireddy Balireddy College of Engineering, Mylavaram (Andhra Pradesh), India.
Manuscript received on 12 May 2019 | Revised Manuscript received on 19 May 2019 | Manuscript Published on 23 May 2019 | PP: 1938-1943 | Volume-7 Issue-6S5 April 2019 | Retrieval Number: F13470476S519/2019©BEIESP
Open Access | Editorial and Publishing Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: A basic work of the affiliation is to improve the individual fulfillment of people which is essentially wrapped up by verifying open use in spaces, for instance, thriving, bearing, and other social affiliations. On an essential measurement there appears, clearly, to be a positive connection between open utilization and human advancement which the paper might want to take a gander at using observational data. This paper surveys the ‘presence of mind of social part utilize approach’ from a human advancement perspective by endeavored a break confidence examination of Human Development (total of per capita GDP, Gross Enrolment and Life Expectancy) as destitute variable and social zone use fragments are free factors. The time span consider for this examination is scope of 15 years from 2001-02 to 2015-16 and the assistant data got from RBI database and World Bank database. The apostatize results is adjusting that the improvement Social Sector Expenditure has advantageous result on headway of Human improvement indictors. The result reveals that open spending on Medical and Public Health; Education, Sports, Art and Culture; Water Supply and Sanitation; Welfare of SCs, STs and OBCs; Housing, Urban Development, and Nutrition have positive effect on human improvement. There is basic to build the open spending on above social administrations to advance human improvement.
Keywords: Social Sector, Human Development and Tobit Regression.
Scope of the Article: Social Sciences