Analysis on the Relationship between Increased Expenditure and its Effect on Human Capital: Evidence from the budget and gender budgeting initiatives of Kerala

Public policy touches the life’s of every one. Budget has been considered as an effective tool to 
influence the standard and quality of living of individuals. Kerala has used budgeting as an effective 
tool for bringing up the marginalised sections of the economy. Increased public expenditure has been 
regarded as an impressive way to influence the quality of human capital in the state. The paper is an 
effort to show the relationship between increased expenditure and its effect on human capital, based
on the data from 1957-58 to 2017-18. The paper attempts to make a gender based assessment of 
budget of Government of Kerala and examining the incorporation of gender perspective at 
expenditure level of budgetary process. The paper examines how Kerala attained remarkable credits 
in areas related to health and education through the instrument of budge