This study analyses the
trend and impact of public expenditure on education and health in Karnataka and
its implications for human development during the period 2014–15 to 2023–24. The
research is based on secondary data collected from official sources such as
Government of Karnataka budget documents, Economic Surveys, Reserve Bank of
India reports, and NITI Aayog publications. A quantitative and analytical
approach is adopted, using statistical tools including descriptive statistics,
Compound Annual Growth Rate (CAGR), Analysis of Variance (ANOVA), correlation,
and linear regression.
The findings indicate a
steady increase in public expenditure, with education expenditure rising from
₹18,500 crore to ₹33,000 crore, recording a CAGR of 6.63%, while health
expenditure increased from ₹8,200 crore to ₹19,750 crore with a higher CAGR of
10.27%. The share of social sector expenditure also grew from 24.5% to
31.5%, reflecting a policy shift toward human development. ANOVA results
show significant variation in expenditure across years (F = 18.72 for education
and 24.95 for health, p < 0.05). Regression analysis reveals that education
(β = 0.62, R² = 0.58) and health expenditure (β = 0.74, R² = 0.65) have a
statistically significant positive impact on HDI, with health expenditure
exerting a stronger influence.
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