Abstract:
Centre–state financial relations and appropriation of budgetary resources is taking a new turn.
The states are yet to assess the impact of their finances under the changed scenario. Increased
devolution from the central pool of taxes (42per cent from 32per cent) based on 14th FC
recommendations seems to improve the financial strength of the states, post annulment of
V.A.T. However things are very different from what is being portrayed. There are claims
contending contraction in net realization by states which might affect expenditure on vital areas
having bearing on some key HDIs. In light of the above development an attempt is being made
to study the expenditure pattern on two crucial areas of human development i.e. child education
and health in Odisha.
Description:
Orissa Economic Journal, Vol. 49, No. 1 & 2, Jan-June & July-Dec. 2017
