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An Analytical Study of Time Series Trend of Portion of Expenditure Incurred on Agricultural Practices from the Total Expenditure Incurred by Chhattisgarh State


Affiliations
1 School of Studies in Economics, Pt. Ravishankar Shukla University, Raipur, CG, India
2 Dr. Khubchand Baghel Saskiya Sanatkotar Mahavidhaylaya, Bhilai, India
     

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The motive of this research work is to statistically analyze the public expenditure scenario of agriculture sector in the state of Chhattisgarh. It was observed in the analysis that the expenditure incurred in agriculture practices sector is increasing and no expenditure cut has been introduced in last decade. However, when the ratio of expenditure incurred on agriculture practices to total expenditure incurred by the state government (including agriculture and non-agriculture expenditure) was calculated, it was observed that the portion of expenditure that is being spent on agriculture sector is diminishing with time and is following a negative trend. The research work concludes with the discussion on implications of this negative trend observed.

Keywords

Chhattisgarh, Agriculture Expenditure, Trend Analysis.
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  • An Analytical Study of Time Series Trend of Portion of Expenditure Incurred on Agricultural Practices from the Total Expenditure Incurred by Chhattisgarh State

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Authors

Saraswati Sahu
School of Studies in Economics, Pt. Ravishankar Shukla University, Raipur, CG, India
D. P. Kurre
Dr. Khubchand Baghel Saskiya Sanatkotar Mahavidhaylaya, Bhilai, India
B. L. Sonekar
School of Studies in Economics, Pt. Ravishankar Shukla University, Raipur, CG, India

Abstract


The motive of this research work is to statistically analyze the public expenditure scenario of agriculture sector in the state of Chhattisgarh. It was observed in the analysis that the expenditure incurred in agriculture practices sector is increasing and no expenditure cut has been introduced in last decade. However, when the ratio of expenditure incurred on agriculture practices to total expenditure incurred by the state government (including agriculture and non-agriculture expenditure) was calculated, it was observed that the portion of expenditure that is being spent on agriculture sector is diminishing with time and is following a negative trend. The research work concludes with the discussion on implications of this negative trend observed.

Keywords


Chhattisgarh, Agriculture Expenditure, Trend Analysis.