Page 11 - MASTER IN BUDGET
P. 11
Economic Survey 2015-16
The Economic Survey 2015-16, presented in the Parliament on Feb 26, 2016 by the Union Finance Minister Shri
Arun Jaitley, states that the social infrastructure scenario in the country relects gaps in access to education, health
and housing amenities. Inclusive growth in India requires bridging gaps in educational outcomes and improved health
attainments across the population.
As India capitalizes on the ‘demographic dividend,’ Economic Survey 2015-16 states that increasing investment
in human capital is a key requirement to improve productivity of the population says the Economic Survey. The
Economic Survey 2015-16 states that the total expenditure on Social Services including Education, Health, Social
Security, Nutrition, Welfare of SC/ST/OBC etc. during 2014-15 (RE) was 7 % of GDP while it was 6.5% during
2013-14.
On the education front, the declining educational outcomes relected in lower reading levels in both public and private
sector schools are areas of concern. According to Annual Status of Education Report (ASER) 2014, there is sharp
decline between 2007 to 2014 in the number of children in Standard V who can read a textbook of Standard II, in both
government and private schools.
@Mahendra’s 11 MASTER IN BUDGET 2016-17
The Economic Survey 2015-16, presented in the Parliament on Feb 26, 2016 by the Union Finance Minister Shri
Arun Jaitley, states that the social infrastructure scenario in the country relects gaps in access to education, health
and housing amenities. Inclusive growth in India requires bridging gaps in educational outcomes and improved health
attainments across the population.
As India capitalizes on the ‘demographic dividend,’ Economic Survey 2015-16 states that increasing investment
in human capital is a key requirement to improve productivity of the population says the Economic Survey. The
Economic Survey 2015-16 states that the total expenditure on Social Services including Education, Health, Social
Security, Nutrition, Welfare of SC/ST/OBC etc. during 2014-15 (RE) was 7 % of GDP while it was 6.5% during
2013-14.
On the education front, the declining educational outcomes relected in lower reading levels in both public and private
sector schools are areas of concern. According to Annual Status of Education Report (ASER) 2014, there is sharp
decline between 2007 to 2014 in the number of children in Standard V who can read a textbook of Standard II, in both
government and private schools.
@Mahendra’s 11 MASTER IN BUDGET 2016-17
