Topics

All
Civil Services in India (26)
Ethics, Integrity and Aptitude
 » Chapters from Book (11)
 » Case Studies (8)
Solved Ethics Papers
 » CSE - 2013 (18)
 » CSE - 2014 (19)
 » CSE - 2015 (17)
 » CSE - 2016 (18)
 » CSE - 2017 (19)
 » CSE - 2018 (19)
 » CSE - 2019 (19)
 » CSE - 2020 (19)
 » CSE - 2021 (19)
 » CSE -2022 (17)
 » CSE-2023 (17)
Essay and Answer Writing
 » Quotes (34)
 » Moral Stories (18)
 » Anecdotes (11)
 » Beautiful Poems (10)
 » Chapters from Book (5)
 » UPSC Essays (40)
 » Model Essays (38)
 » Research and Studies (4)
Economics (NCERT) Notes
 » Class IX (14)
 » Class X (16)
 » Class XI (55)
 » Class XII (53)
Economics Current (51)
International Affairs (20)
Polity and Governance (61)
Misc (77)
Select Topic »
Q2(a). Utilization of Public Funds

Q2(a). Effective utilisation of public funds is crucial to meet development goals. Critically examine the reasons for under-utilization and mis-utilisation of public funds and their implications. (150 words). 10
 
Answer
In order to ensure the development of a country, the public funds should be utilized efficiently for the right purpose in the right manner. However, often the public funds are misused or underutilized for the following reasons.
 
1. Funds are released at the end of the financial year leaving little time available to spend them appropriately.
2. Funds are not distributed among the appropriate expenditure heads leading to excess of funds in some areas while some work remains incomplete due to lack of funds.
3. Internal audit system within government is inadequate and is unable to stop the misuse of funds.
4. Due to corruption and centralization, funds are diverted to areas where there is more scope of corruption and misuse.
5. Expenditure is given more importance than the outcome.
 
The implication of under-utilization and mis-utilisation of funds are:
 
• Poor quality of work
• Failure to achieve desired results
• Slower development of economy
• Less availability of funds in critical areas
• Corruption
• Loss of public trust
• Higher rates of taxes to make up for the misuse of funds (175 words)
 
Q2(a). Utilization of Public Funds
Looking for a One-stop Solution to prepare for ‘Ethics, Integrity, and Aptitude’ and ‘Essay and Answer Writing’ for UPSC?
Buy Dr. Awdhesh Singh’s books from the links below-

Ethics, Integrity & Aptitude for Civil Services Examination
Amazon - https://amzn.to/3s1Qz7v
Flipkart - https://bit.ly/358N2uY

Mastering Essay & Answer Writing for UPSC Civil Services
Amazon - https://amzn.to/3JELE2h
Flipkart - https://bit.ly/3gVIwmv
Sort By Newest
Newest
Oldest



Related Articles
 
Recent Articles
 
• Q12. Ethical issues involved in the use of social media.
• Q4 (b) Differentiate ‘moral intuition” from ‘moral reasoning’.
• Q2 (b) Difference between ‘coercion' and 'undue influence’ in work environment
• Q9. A journalist fighting the stone mafia
• Innovation and Creativity
• Love and hatred
• Religion and Spirituality
• Tulsidas
• Bureaucrat at the Temple
• Getting Fooled for Kindness