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Fiscal Marksmanship of Child Budget and its Implications for Child Development: Evidence from India

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  • Narayana Muttur Ranganathan

    (Government of Karnataka)

Abstract

This paper analyses the nature and magnitude of fiscal marksmanship or budget forecasting errors in Child Budget in India by a case study of Karnataka State. The implications of fiscal marksmanship are analysed for child development within the framework of Child Budget. Level of multidimensional child development is measured by 26 indicators, representing child education, health, nutrition, protection and participation and in the frameworks of child rights and UN-Sustainable Development Goals 2030. Main results show that Karnataka State’s good fiscal management is accompanied by a lack of fiscal marksmanship in Child Budget. Other things being equal, a perfect fiscal marksmanship implies a gain of about 0.3% point in composite index of child development. This implies that achievement of fiscal marksmanship has a positive effect on child development through Child Budget. Lessons from this case study are of general relevance and applicability at national level and for other states in India as well as for other countries which aim at child development through their Child Budget.

Suggested Citation

  • Narayana Muttur Ranganathan, 2024. "Fiscal Marksmanship of Child Budget and its Implications for Child Development: Evidence from India," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 17(4), pages 1587-1614, August.
    • Handle: RePEc:spr:chinre:v:17:y:2024:i:4:d:10.1007_s12187-024-10126-5
    DOI: 10.1007/s12187-024-10126-5
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    References listed on IDEAS

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    1. Jacob, Jannet Farida & Chakraborty, Lekha, 2021. "COVID-19 and Public Investment for Children: The case of Indian State of Karnataka," Working Papers 21/355, National Institute of Public Finance and Policy.
    2. Chakraborty, Lekha & Sinha, Darshy, 2018. "Has Fiscal Rule changed the Fiscal Marksmanship of Union Government?," Working Papers 18/234, National Institute of Public Finance and Policy.
    3. Eirini Leriou, 2023. "Understanding and Measuring Child Well-being in the Region of Attica, Greece: Round Five," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 16(4), pages 1395-1451, August.
    4. Morrison, Rodney J, 1986. "Fiscal Marksmanship in the United States: 1950-83," The Manchester School of Economic & Social Studies, University of Manchester, vol. 54(3), pages 322-333, September.
    5. Davis, Otto A. & Dempster, M. A. H. & Wildavsky, Aaron, 1966. "A Theory of the Budgetary Process," American Political Science Review, Cambridge University Press, vol. 60(3), pages 529-547, September.
    6. Jacob, Jannet Farida & Chakraborty, Lekha S, 2021. "Public Finance for Children: The case of Indian State of Karnataka," MPRA Paper 109520, University Library of Munich, Germany, revised Aug 2021.
    7. D. A. L. Auld, 1970. "Fiscal Marksmanship in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 3(3), pages 507-511, August.
    8. Lekha Chakraborty & Pinaki Chakraborty & Ruzel Shrestha, 2020. "Budget Credibility of Subnational Governments: Analyzing the Fiscal Forecasting Errors of 28 States in India," Economics Working Paper Archive wp_964, Levy Economics Institute.
    9. Eirini Leriou, 2022. "Understanding and Measuring Child Well-being in the Region of Attica, Greece: Round four," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 15(6), pages 1967-2011, December.
    10. Kimberly Schonert-Reichl & Martin Guhn & Anne Gadermann & Shelley Hymel & Lina Sweiss & Clyde Hertzman, 2013. "Development and Validation of the Middle Years Development Instrument (MDI): Assessing Children’s Well-Being and Assets across Multiple Contexts," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 114(2), pages 345-369, November.
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    More about this item

    Keywords

    Fiscal marksmanship; Budget forecasting errors; Child budget; Child development indicators; Composite index of child development;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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