From Scarcity to Sustainability: How Financial Management Can Transform India's Education System

Abstract

The study explores how good budgeting and planning help improve education in India. It focuses on the big problem of not having enough funding and managing resources for educational projects related to Sustainable Development Goal 4. Using both qualitative and quantitative methods, the research combines different types of data, such as budget analysis, government spending reports on education, and case studies from various schools. The results show clear differences in how funding is allocated, pointing out system problems and proving that better financial strategies can lead to a fairer distribution of resources and better education results. This research highlights the importance of sustainable financial methods as essential for achieving quality education. It suggests that improved budgeting and planning not only help use resources well but also enable institutions to address the varied needs of students. The findings go beyond education, indicating that better financial management can positively impact public health by creating a more educated population capable of making smart health choices, thus enhancing overall community well-being. By making a clear connection between sustainable budgeting, quality education, and health results, this study offers a guide for policy changes to improve educational funding in line with sustainable development goals, eventually adding to discussions about the connections between education and health.