Wednesday, February 11, 2009

Budget 2009

In their final stimulus package for 2008-09, the UPA Government and the Reserve Bank of India took wide ranging measures to address the problems in the monetary, infrastructure and export sectors.



  • How is the Union Budget prepared

    Overall responsibility of consolidating, finalising and printing of General Budget documents, Supplementary and Excess Demands for Grants and Parliamentary business connected therewith
    Provisioning of funds for expenditure by Ministries/Departments
    Monitoring of the Ways & Means position, Market borrowing programme of Central and State Governments and Government guaranteed Institutions
    National Savings Institute and Small Savings Schemes
    Finance Commission, Budgets of States under President’s Rule, Consent for borrowing of States under Article 293 of the Constitution, Release of share in Central taxes and Ways & Means
    Advances to States, State reorganisation matters
    Audit & Accounts matters
    Government guarantees
    Non-tax receipts of Government
    Resources for Annual and 5 year Plans
    Contingency Fund of India
    Investment pattern of non-Government Provident Funds & Pension Funds
    Fixation of terms & conditions including interest rates on Central Government ’s lending
    Railway Convention Committee, Parliamentary Consultative Committee, Estimates Committee, Parliamentary Standing Committee on Finance , Public Accounts Committee
    Performance Budget
    Treasurer, Charitable Endowments of India

No comments: