A comprehensive study of the development of the expenditure management system in India from the colonial times to the present that is substantially different from any of the previously
published works. It provides a detailed discussion of the administrative, economic and political factors that play a major role in the determination of public expenditures, at the program and
aggregate levels, and in the delivery of public services. Major changes in the management of public expenditures, all aimed at achieving “progress”, including the public-private partnerships,
and their benefits and limitations, are fully delineated, as are the relationships in this sphere between the central and state governments.