Effective utilisation of public funds is not merely an administrative requirement but a moral responsibility of those entrusted with public office. However, instances of funds allocated to government schemes lying idle or being diverted towards extraneous purposes continue to be reported across the country. Examine the reasons for under-utilization and mis-utilization of public funds and their implications.
Introduction
Public funds effective utilisation ensure economy, efficiency and effectiveness in outcome and is guided to principle to effective policy implementing.
20 words
Main Body
Public funds effective utilisation ensure economy, efficiency and effectiveness in outcome and is guided to principle to effective policy implementing.
Reason of under utilization:
[case study] - CAG found 80% fund unutilised in GUMPA Uttarkhand.
reason of mis utilization:
Implication of financial misappropriation:
[Law] - CAG (audit act); corruption is inevitable and need institutional reform like Jaundy [punishment] group whistle blowing register hostile. Singapore model of single audit corruption body can bring change in India as well
- Clear identification of economic principles (3 Es)
- Specific case study with quantifiable data
- Structured enumeration of causes
- Addresses both administrative and institutional factors
- Identifies systemic causes (political-bureaucratic nexus)
- Comprehensive implications section (5 points)
- References relevant legal framework (CAG Act)
- Suggests comparative international model (Singapore)
ANKIT JARWAL
Under-utilization and mis-utilization of public funds
Reasons and implications for public finance management
Administrative and systemic barriers to effective fund utilization
173
Total words
5
Paragraphs
critical and reformative
Tone