The document discusses key aspects of government budgets including:
- Budgets show estimated annual receipts and expenditures and are divided into revenue and capital components.
- Objectives include reallocating resources, managing public enterprises, and promoting economic stability.
- Receipts are classified as revenue or capital, and expenditures are classified as revenue or capital.
- Budgets can be balanced, in surplus, or in deficit depending on a comparison of estimated receipts to expenditures.
- Deficits include revenue deficit, fiscal deficit, and primary deficit, with fiscal deficit being the broadest measure of imbalance.
A Brief Overview of Budget :
Introduction, Meaning of Government Budget, Objective of Government Budget, Components of Budget, Revenue Receipts, Capital Receipts, Budget Expenditure, Measures of Government Deficit
(with some latest data)
A Brief Overview of Budget :
Introduction, Meaning of Government Budget, Objective of Government Budget, Components of Budget, Revenue Receipts, Capital Receipts, Budget Expenditure, Measures of Government Deficit
(with some latest data)
MEANING
MEANING
DEFINITION
CLASSIFICATION OF PUBLIC EXPENDITURE
CAUSES FOR THE GROWTH OF PUBLIC EXPENDITURE
MEANING
DEFINITION
CLASSIFICATION OF PUBLIC EXPENDITURE
CAUSES FOR THE GROWTH OF PUBLIC EXPENDITURE
This presentation discusses about the following subtopics:
What is a government deficit?
Types of deficit
What is a revenue deficit?
What is a fiscal deficit?
What is a primary deficit?
Difference between Fiscal Deficit and Revenue Deficit
Difference between Primary Deficit and Revenue Deficit
A fantastic PPT on a very important and scoring topic. A quick and easy explanation of the chapter Government Budget & The Economy. It has got all the material information required to enhance one's knowledge about the topic. Excellent and interesting facts. HAPPY LEARNING !!
Trade Policy Reform of India 2008 - 2019
The Trade Policies in India are formulated by Government of India, Ministry Of Commerce And Industries and Department of Commerce.
MEANING
MEANING
DEFINITION
CLASSIFICATION OF PUBLIC EXPENDITURE
CAUSES FOR THE GROWTH OF PUBLIC EXPENDITURE
MEANING
DEFINITION
CLASSIFICATION OF PUBLIC EXPENDITURE
CAUSES FOR THE GROWTH OF PUBLIC EXPENDITURE
This presentation discusses about the following subtopics:
What is a government deficit?
Types of deficit
What is a revenue deficit?
What is a fiscal deficit?
What is a primary deficit?
Difference between Fiscal Deficit and Revenue Deficit
Difference between Primary Deficit and Revenue Deficit
A fantastic PPT on a very important and scoring topic. A quick and easy explanation of the chapter Government Budget & The Economy. It has got all the material information required to enhance one's knowledge about the topic. Excellent and interesting facts. HAPPY LEARNING !!
Trade Policy Reform of India 2008 - 2019
The Trade Policies in India are formulated by Government of India, Ministry Of Commerce And Industries and Department of Commerce.
Economics project on Government Budget and its Components by Kenith Mendonca. Short and informative project on Government Budget which includes all information youre looking for. Do have a look and if you find it informative i'll be glad you'd refer it. Make sure you give me credits for my hard work too haha :]
A government budget is made to approach and address the needs and issues of a country. It is an annual financial statement where an itemized estimate of revenue expected and expenditure anticipated are listed for the current fiscal year which runs from April 1 of one year to March 31 of the next year.
Just sharing my efforts makes me feel happy and self-satisfied. Feel free to use my works as your project work at school.
Contact me at @ashmitg132@gmail.com
Contents:
1. What is Fiscal Policy?
2. Instruments of Fiscal Policy
3. Measures
4. Role in development of the Economy
5. What is Budget?
6. Revenue Receipts
7. Capital Receipts
8. Capital Expenditure
9. Budget Surplus
10. Budget Deficits
11. Balanced Budget
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
2. Government budget is an annual
statement, showing item wise
estimates of receipts and
expenditure during fiscal year i.e.
financial year. The receipts and
expenditure, shown in the budget,
are not the actual figure, but the
estimated values for the coming
fiscal year.
4. Components of budget refers to structure of the budget.
Two main components of Budget are:
Revenue Budget: It deals with the revenue aspect of the
government budget. It explains how revenue is
generated or collected by the government and how it is
allocated among various expenditure heads. Revenue
budget has two parts:
i. Revenue Receipts
ii. Revenue Expenditures
Capital Budget: it deals with the capital aspect of the
government budget and it consists of:
i. Capital Receipts
ii. Capital Expenditures
5. Budget Receipts refer to the estimated money receipts of
the government from all sources during a given fiscal
year. Budget receipts may be further classified as:
i. Revenue Receipts
ii. Capital Receipts
Other Receipts
Recovery Of
Loans
6. Revenue receipts refer to those receipts which
neither create any liability nor cause any
reduction in the assets of the government. They
are regular and recurring in nature and
government receives them in its normal course of
activities.
A receipts Is revenue receipt, if it satisfies the
following two essential conditions:
The receipts must not create a liability for the
government.
The receipts must not cause decrease in the
assets.
7. Capital receipts refer to those receipts
which either create a liability or cause a
reduction in the assets of the government.
They are non-recurring and non-routine in
nature. A receipt is a capital receipt if it
satisfies any one of the two conditions:
The receipt must create a liability for the
government
The receipts must cause a decrease in
the assets
8. Budget expenditure refers to the
estimated expenditure of the
government during a given fiscal
year. The budget expenditure can
be broadly categorised as:
Revenue Expenditure
Capital Expenditure
9. Revenue Expenditure refers to the expenditure which
neither creates any asset nor causes any reduction in
any liability of the government. It is recurring in nature.
It is incurred on normal functioning of the
government.
Examples: Payment of salaries, pensions, interests,
etc.
An expenditure is a revenue expenditure, if it satisfies
the following two essential condition:
a) The expenditure must not create an asset of the
government.
b) The expenditure must not cause decrease in an
liability.
10. Capital expenditure refers to the expenditure which either
creates an asset or causes a reduction in the liabilities of
the government. It is non-recurring in nature.
It adds to capital stock of the economy and increases its
productivity through expenditure on long period
development programmes.
Examples: Loan to states and Union Territories, etc.
An expenditure is a capital expenditure, if it satisfies any
one of the following two conditions:
1. The expenditure must create an asset for the
government.
2. The expenditure must cause a decrease in the liabilities.
11. There are three types of budgets:
o Balanced Budget: Government budget is said to be
balanced budget if estimated government receipts
are equal to the estimated government
expenditure.
o Surplus Budget: If estimated government receipts
are more than the estimated government
expenditure, then the budget is termed as “Surplus
Budget”.
o Deficit Budget: If estimated government receipts
are less than the estimated government
expenditure, then the budget is termed as “Deficit
Budget”.
12. Budgetary deficit is defined as the excess of
total estimated over total estimated revenue.
When the government spends more than it
collects, then it incurs a budgetary deficit.
With reference to budget of Indian
government, budgetary deficit can be of 3
types:
1) Revenue Deficit
2) Fiscal Deficit
3) Primary Deficit
13. Revenue Deficit is concerned with the
revenue expenditures and receipts of the
government. It refers to excess of revenue
expenditure over revenue receipts during the
given fiscal year.
Revenue Deficit = Revenue Expenditure – Revenue
Receipts
It signifies that government’s own revenue is
insufficient to meet the expenditures on
normal functioning of government
departments and provisions for various
services.
14. Fiscal deficit presents a more comprehensive view of
budgetary imbalances. Fiscal Deficit refers to the
excess of total expenditure over total receipts
(excluding borrowings) during the given fiscal year.
Fiscal Deficit= Total Expenditure – Total Receipts
excluding borrowings
Sources Of Financial Fiscal Deficit:
Government has to look out for different options to
finance the fiscal deficit. The main two sources are:
Borrowings: Fiscal Deficit can be met by borrowings
from the internal sources or external sources.
Deficit Financing: Government may borrow from RBI
against its securities to meet the fiscal deficit. RBI
issues new currency for this purpose. This process
is known as deficit financing.
15. Primary deficit refers to difference between fiscal
deficit of the current year and interest payments on the
previous borrowings.
Primary Deficit = Fiscal Deficit – Interest Payments
Implications Of Primary Deficit:
It indicates, how much of the government borrowings
are going to meet expenses other than the interest
payments. The difference between fiscal deficit and
primary deficit shows the amount of interest payments
on the borrowings made in past. So, a low or zero
primary deficit indicates that interest commitments
have forced the government to borrow.