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
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.
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