IDEAS home Printed from https://ideas.repec.org/h/spr/isbchp/978-81-322-3917-8_3.html
   My bibliography  Save this book chapter

The Budget: What It Means and How It Is Prepared

In: Public Budgeting in India

Author

Listed:
  • M. R. Sreenivasa Murthy

Abstract

The present paper is an attempt to outline the structure of government’s budgets in the Indian context and to explain the key concepts used in fiscal management and their implications. The media coverage of the budget mainly focuses on the highlights of the Finance Minister’s budget speech and the critical comments by political parties and business interests. Very rarely is any attempt made to analyse the actual budget documents other than a summary of what is called the Annual Financial Statement and a few highlights of taxation proposals. Also, the process of preparing a government’s budget is seldom the subject of public curiosity. The general public therefore remain largely uninformed about the details of the budget proposals relating to how most activities of government are proposed to be financed during the relevant year. This paper is an attempt in the direction of providing a holistic understanding of the budget covering the aspects of planning and budgetary processes.

Suggested Citation

  • M. R. Sreenivasa Murthy, 2018. "The Budget: What It Means and How It Is Prepared," India Studies in Business and Economics, in: Gayithri Karnam (ed.), Public Budgeting in India, chapter 0, pages 17-37, Springer.
    • Handle: RePEc:spr:isbchp:978-81-322-3917-8_3
    DOI: 10.1007/978-81-322-3917-8_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:isbchp:978-81-322-3917-8_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.