SUFFICIENCY OF BUDGET ALLOCATION FOR NAVODAYA VIDYALAYA AFTER CONSIDERING INFLATIONEFFECT

Sandip Nathu Sonawane

doi:10.7492/9yr5dj57

Authors

Sandip Nathu Sonawane Author

DOI:

https://doi.org/10.7492/9yr5dj57

Keywords:

Navodaya Vidyalaya Samiti (NVS), Budget Allocation, Inflation Adjustment, Consumer Price Index (CPI), Budget Sufficiency, Government Funding, Financial Planning in Education

Abstract

This study evaluates the sufficiency of budget allocations for Navodaya Vidyalaya Samiti (NVS) from 2016 to 2024, adjusting for inflation. While nominal budgets increased, the real value declined due to inflation, leading to significant shortfalls in purchasing power, especially in recent years. Key areas like infrastructure and centralized programmes were most affected. The findings highlight the need for inflation-adjusted budgeting and better financial planning to ensure sustainable and effective fund utilization.