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This chart compares education spending as a percentage of GDP in the US, China, Germany, Japan, and India for 2024–25. Analyze how India’s investment in education aligns with global benchmarks for inclusive and equitable development.
Read MoreSri Lanka Abolishes Former Presidents’ Special Privileges Why in the News ? Sri Lanka’s Supreme Court cleared the Presidents’ Entitlements (Repeal) Bill, abolishing special privileges such as state-funded housing, transport, staff, and allowances for former Presidents and their widows. The move aims to curb excessive state spending amid economic challenges, drawing parallels to reform efforts …
Read MoreUnderstanding Public Finance Public finance is a crucial branch of economics that deals with the assessment of government revenue and expenditures. It aims at modifying these financial activities to achieve desirable outcomes and avoid adverse effects. This field covers the management of public money, including aspects such as the money a government receives, spends, borrows, …
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