Introducing Expenditure Quality in Intergovernmental Transfers: A Triple-E Framework
Published By: RBI on eSS | Published Date: August, 20 , 2009The present study has sought to introduce, conceptualise and
operationalise a scheme for integrating the ‘quality’ dimension of public
spending into the devolution scheme of intergovernmental transfers by
the Finance Commission. The study illustrates a scheme of inter-se distribution from an incentive fund, which we would like to label as a “Quality Control Fund”
(QCF). Portions of this fund could be kept aside to reward States for their performance on the three aspects of expenditure quality, viz.,
Expenditure Adequacy, Effectiveness and Efficiency. [DRG Study Series No. 30]
Author(s): Mala Lalvani, Brijesh Pazhayathodi, Kumudini Hajra | Posted on: Aug 20, 2009 | Views(1112) | Download (570)