Meaning of Mobilization of Resources

Mobilization of resources is all about how a government or governmental department / organization or a non-governmental organization can mobilize the material resources (including finance) to carry out its development projects or mission. For government, the mobilization of resources stands for collection / raising of funds to allocate these resources to various development plans and schemes.  Thus, mobilization of resources is a multidimensional topic and inter alia involves the following:

• Public savings and investments
• Government tax and non-tax revenue including income from public services, utilities and enterprises; and also income from disinvestment of public entities.
• Buoyancy and elasticity of taxes
• Public borrowing and management of public debt
• Government’s expenditures & investments including revenue and capital expenditures
• Mobilization of resources for various sectors such as social sector, infrastructure and so on.
• Resource mobilization for states, local bodies and NGOs.

Apart from the above, the task of mobilizing resources involves deliberate decisions on selection of major investments, control of expenditures, monitoring of performance and realization of planned level of economic activity. Going further, it also includes prevention of tax evasion, tax avoidance. This way, mobilization of resources includes intensive study of various internal and external sources of resources.