Research Scholar,
Public investment in education is a universally accepted phenomenon since education is considered like any other services of the economy whose returns tend to be higher with higher levels of attainment of human capabilities. This paper attempted to shed light on whether the economic reform of 1991 had any impact on the level and trend of social sector expenditure for education sector in Assam. It was found that due to the Structural Adjustment Policies as well as fiscal conditions of the state, trend of education expenditure declined due to which attainment of improved outcome indicators could not be achieved as projected.
Social Sector Expenditure, Human Capital, Education Expenditure, Economic reforms, Outcome Indicators. Author CorrespondenceKarabi Introduction