Budgetary Trends of Uttarakhand Government: An Analysis of Almora District

Author: Shivani Shaha, K.C. Joshi, B.P. Singhal

Abstract:
COVID-19 has shown us the need to review our budget allocation. Budget Analysis is a tool used to build public accountability and marginalize focus on public expenditure management and budget processes. It aims at influencing the distribution of federal funds and making them transparent. In this paper, budged allocations towards various sectors of a district economy are assessed. Objectives of the study are- 1. To find out the distribution of funds to different areas of the economy 2. To assess deficiency/sufficiency/ over-sufficiency of funds for various heads, particularly in the COVID-19 Pandemic situation. Data for the last four years i.e., 2016-17 to 2019-20, is collected from government departments and other secondary sources for comparative and trend analysis. The study concludes that there is an uneven distribution of funds in the district. Some sectors like Medical and Health are underdeveloped still unable to utilize its funds entirely Other industries like Education and Energy can use their funds yet need an addition in allocation for development In the course of a pandemic it seems that rural development needs an increase in allocation to retain migrants back in the district and populate abandoned villages.

Keywords:COVID-19, Budget Allocation, District Economy, Trend Analysis

DOI:

International Journal of Trade & Commerce (Vol: 9 Issue:1)