General Studies Paper 4
India is an emerging economic power of the world as it has recently secured the status of fourth largest economy of the world as per IMF projection. However, it has been observed that in some sectors, allocated funds remain either under-utilised or misutilised. What specific measures would you recommend for ensuring accountability in this regard to stop leakages and gaining the status of third largest economy of the world in near future?(Answer in 150 words)
Public/Civil service values and ethics in public administration.
2025
10
Marks
Introduction
India’s emergence as the world’s fourth largest economy, as projected by the
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its strong economic potential. However, under-utilisation and misutilisation of public funds in some sectors
undermine development outcomes. Ensuring accountability, transparency, and ethical governance is crucial
to prevent leakages and accelerate economic growth toward becoming the third largest economy.
Measures to Ensure Accountability and Prevent Leakages
1. Strengthening Financial Transparency
Adopt real-time monitoring of fund utilisation through digital dashboards.
Expand Direct Benefit Transfer (DBT) to reduce intermediaries and corruption.
2. Robust Audit and Oversight
Strengthen the role of the :contentReference[oaicite:1]{index=1} for timely performance audits.
Institutionalise outcome-based budgeting and expenditure tracking.
3. Ethical and Accountable Administration
Adhere to Nolan principles such as Accountability, Integrity, and Objectivity.
Ensure strict enforcement of anti-corruption laws and disciplinary action for misuse of funds.
4. Citizen Participation and Social Audit
Promote community monitoring and social audits in welfare schemes.
Enhance transparency through open data and public disclosure.
Conclusion
By integrating technology, institutional oversight, and ethical leadership, India can minimise leakages
and ensure effective utilisation of public funds, thereby strengthening governance and sustaining its
journey toward becoming one of the world’s leading economies.
