Wednesday, October 4, 2023
  • Home
  • About Us
  • Contact Us
  • Anti Spam Policy
  • DMCA
  • Privacy Policy
  • Terms of Use
My Pro Blog
  • Home
  • Finance
  • Internet
  • Life
    • Education
    • Food
    • Property
    • Beauty
    • Sports
  • News
  • Tech and Gadgets
    • Mobile
    • Auto Mobile
    • Computer
  • Travel
No Result
View All Result
My Pro Blog
  • Home
  • Finance
  • Internet
  • Life
    • Education
    • Food
    • Property
    • Beauty
    • Sports
  • News
  • Tech and Gadgets
    • Mobile
    • Auto Mobile
    • Computer
  • Travel
No Result
View All Result
My Pro Blog
No Result
View All Result
ADVERTISEMENT
Home Finance

Fixing India’s budget

Serlyn Shetty by Serlyn Shetty
1 month ago
in Finance
0
ADVERTISEMENT

The Indian Finance Ministry has already started its preparations for the Union Budget 2018-19. The ministry has released a Budget circular that consists of the plans for the fund requirements to the nodal Ministries. They have asked the ministries to concentrate on the medium of generation of revenue which is non-taxable, like interest receipts and dividends.

The financial advisers are on their heels to prepare the trends of the Budget and Expenditure along with the Non-Tax Revenue for the year 2018-19. This will play an important role in finalizing the Budget allocation, as per the business news India. The same is expected to be submitted to the Finance Ministry along with the tentative Budget Estimates.

ADVERTISEMENT

The Finance Ministry has also asked for the draft paragraphs soon to include the same in Budget Speech. The pre-budget meetings will be held to discuss the fund requirements for the current financial year and the upcoming year. The Expenditure Secretary will lead the meeting.

ADVERTISEMENT
ADVERTISEMENT

The Finance ministry confirms that they will communicate the final revised Estimates and Budgets by January 15th.  Another benchmark while allocating resources will be NITI Aayog three-year action Plan. The Budget will be heard in Parliament by Finance Minister Arun Jaitley on February 1, as per India business news.

READ MORE :

  • Difference between auto equity loans and title loans
  • Uber’s head of finance is heading to Opendoor
  • My unpopular career in writing computer reviews? It’s a gift
  • Quantum Computers Will Analyze Every Financial Model at Once
  • Automobile dealers stare at Rs 1,000 cr hit on transit stocks under GST

The choices will be difficult for Finance minister Arun Jaitley, Prime Minister Narendra Modi, etc., on how much to spend on infrastructure, hospitals, schemes to help the rural people, education, cleaning, etc. But budget planning can always be improved in every country. To do so, one needs to engage in cutting-edge economic analysis, and the focus should be spending every rupee on getting social benefits. A project India Consensus, a partnership between Tata Trusts and Copenhagen Consensus Center, will generate economic research that will help policy strategies and budget decisions.

India Consensus has already worked with many leaders in education, health, gender, and infrastructure. They always aim to introduce the best new policies in all the states of the nation. The researchers took health as the major topic due to the rise in diseases like Tuberculosis and related mortality. Skill development is also treated imperative for India. The researchers believe that spending on developing the skill set will lead to a higher return on investment.

They do a cost-benefit analysis of all the policy’s environmental, social, and economic benefits, translating into monetary form. -This kind of approach must be adopted by every state of the country. When the budget is due, this analysis can play a leading role in helping the country solve the various existing and national challenges. This approach can bring the well-being of all. It can improve decision-making and lead to transparency. This is the time to gear up and think about the right way to fix India’s budget in 2018.

ADVERTISEMENT
Previous Post

India’s First Budget Post GST implementation

Next Post

How To Get Health Insurance For My Parents In India?

Serlyn Shetty

Serlyn Shetty

While going towards reading some of the blogs, I have learned about Blogging and writing articles of my own.I have started writing on blogs since 2014, and I give my best time in blogging for writing and learning new things daily.If you love my article, then do share with your friends and family hope they will like to read it too.

Related Posts

What is Finance and How Does it Work?
Finance

What is Finance and How Does it Work?

by Serlyn Shetty
September 29, 2023
Smart things to keep in mind about Zero Balance Savings Account
Finance

Smart things to keep in mind about Zero Balance Savings Account

by Serlyn Shetty
September 26, 2023
There is no better time to start investing than today
Finance

There is no better time to start investing than today

by Serlyn Shetty
September 20, 2023
Small savings today for a better tomorrow
Finance

Small savings today for a better tomorrow

by Serlyn Shetty
September 20, 2023
Guidelines for First-Time Credit Card Holders
Finance

Guidelines for First-Time Credit Card Holders

by Serlyn Shetty
September 20, 2023
Next Post
How To Get Health Insurance For My Parents In India?

How To Get Health Insurance For My Parents In India?

What is Finance and How Does it Work?
Finance

What is Finance and How Does it Work?

by Serlyn Shetty
September 29, 2023
0

Finance is the study of money and financial investments. The term finance is also used to describe the field of...

Read more
Ancient-human species mingled in Siberia’s hottest property for 300,000 years

Ancient-human species mingled in Siberia’s hottest property for 300,000 years

September 26, 2023
KMC to move on property tax power

KMC to move on property tax power

September 26, 2023
Looking for a used car? Here are your options

Looking for a used car? Here are your options

September 26, 2023
Smart things to keep in mind about Zero Balance Savings Account

Smart things to keep in mind about Zero Balance Savings Account

September 26, 2023
ADVERTISEMENT

About

My Pro Blog is being managed by a group of people to update the website regularly.

This blog combines the various topics including the Internet, Social, Life and gadgets Updates.

We are always in the forward of making this blog big with our regular updates.

Categories

  • Auto Mobile
  • Beauty
  • Computer
  • Education
  • Fashion
  • Featured
  • Finance
  • Food
  • Internet
  • Life
  • Mobile
  • News
  • Property
  • Sports
  • Tech and Gadgets
  • Travel

Recent News

What is Finance and How Does it Work?

What is Finance and How Does it Work?

September 29, 2023
Ancient-human species mingled in Siberia’s hottest property for 300,000 years

Ancient-human species mingled in Siberia’s hottest property for 300,000 years

September 26, 2023
  • Home
  • About Us
  • Contact Us
  • Anti Spam Policy
  • DMCA
  • Privacy Policy
  • Terms of Use

© [wpsos_year] My Pro Blog - Design and Maintained by WikiBulz.

No Result
View All Result
  • Home
  • Finance
  • Internet
  • Life
    • Education
    • Food
    • Property
    • Beauty
    • Sports
  • News
  • Tech and Gadgets
    • Mobile
    • Auto Mobile
    • Computer
  • Travel

© [wpsos_year] My Pro Blog - Design and Maintained by WikiBulz.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.