Resource allocation
Formulating development plans
Monitoring budget implementation
All of the above
Answer is Right!
Answer is Wrong!
The correct answer is D) All of the above.
The Kerala State Planning Board (KSPB) is a statutory body constituted by the Government of Kerala in 1958 to assist the government in planning and development of the state. The KSPB plays a key role in the following areas:
- Resource allocation: The KSPB prepares a state development plan every five years, which outlines the priorities and strategies for development of the state. The plan is based on a detailed assessment of the state’s resources and needs. The KSPB also monitors the implementation of the plan and recommends changes as needed.
- Formulating development plans: The KSPB is responsible for formulating development plans for various sectors of the economy, such as agriculture, industry, education, health, and infrastructure. The plans are prepared in consultation with the concerned departments and agencies of the government.
- Monitoring budget implementation: The KSPB is responsible for monitoring the implementation of the state budget. The board reviews the budget estimates and actual expenditure on a regular basis and recommends changes as needed.
The KSPB is an important institution in the planning and development of Kerala. The board has played a key role in the state’s economic development and social progress.