![RECOMMENDATIONOFKOTHARI
EDUCATIONCOMMISSION[1964–66]
It is well known that our education system is severely starved of
funds, and that it does require huge sums, for quantitative
expansion, improvement in quality, and equity, strengthening
diversity and other vital aspects of educational development. Many
estimates have been made on the resource requirements of the
system. Long ago in 1966, the education commission (1964-66)
(chaired by D S Kothari) had recommended that we should allocate
6 per cent of national income to education. But the goal remained
unfulfilled.](https://image.slidesharecdn.com/shareofgdpforeducationinindia-180430135016/85/Share-of-gdp-for-education-in-india-4-320.jpg)
Share of gdp for education in india
- 2. GDP is commonly used as an indicator of the economic health of a country
- 3. GDP = C + G + I + NX where: "C" is equal to all private consumption, or consumer spending, in a nation's economy "G" is the sum of government spending "I" is the sum of all the country's businesses spending on capital "NX" is the nation's total net exports, calculated as total exports minus total imports. (NX = Exports - Imports)
- 4. RECOMMENDATIONOFKOTHARI EDUCATIONCOMMISSION[1964–66] It is well known that our education system is severely starved of funds, and that it does require huge sums, for quantitative expansion, improvement in quality, and equity, strengthening diversity and other vital aspects of educational development. Many estimates have been made on the resource requirements of the system. Long ago in 1966, the education commission (1964-66) (chaired by D S Kothari) had recommended that we should allocate 6 per cent of national income to education. But the goal remained unfulfilled.
- 5. Public spending on education - total (% of GDP) in India Public spending on education; total (% of GDP) in India was last measured at 3.17 in 2011, according to the World Bank. Public expenditure on education consists of current and capital public expenditure on education includes government spending on educational institutions (both public and private), education administration as well as subsidies for private entities (students/households and other privates entities).
- 7.  Spending on schools , universities and other public and private institutions for delivering and supporting educational activities.  Spending on research and development.  Spending on all other services provided from educational institution to the students and families.
- 8. Conclusion Public spending on education per student shows the expenditure on primary, secondary and tertiary education in relation to the number of students enrolled in each educational level. It is calculated by dividing public expenditure in educational level by the number of students enrolled in the corresponding level. All expenditures outside the educational institutions are excluded from this.