Manu said that the findings of the GSFP Cost Benefit Analysis indicated that over the educational life cycle of the beneficiary pupil, GSFP contributes to improved education and increased productivity, providing a sustained human capital, healthier life, high enrollment and low school drop outs among others.
Project selection takes place within this framework, but until the last two to three years the methods utilised have generally lacked a firm foundation in cost benefit analysis. This is particularly clear when it comes to considering the time path of costs and benefits.
* Implement regulatory impact and cost benefit analysis. The NFIB says Congress should ensure that any new laws or regulations provide benefits that outweigh costs and that the methods used to calculate the impact be reasonable and responsible.