4.2 Growth Pattern of Public Funding for Higher Education
The trend of the public expenditure on higher education indicates that during 1993-94 and 2004-05, the public expenditure in elementary education has gone up by four times. However, the public expenditure on secondary and higher education has increased roughly by three times. The size of the total public expenditure in India in 2004-05 (B) is Rs. 80286 crores (Rs. 802.8 billion). The Sectoral allocation of public expenditure on education for all these years on elementary, secondary, higher (general) and technical education remained at roughly around 50, 30, 12 and 4 percentage points respectively.
TABLE-1
Sector wise Plan & Non Plan Budgeted Expenditure for Education Departments of State & Center (Revenue Account)