Budgets and Budgetary Procedures in India
By M.M. Sury
As a financial blueprint of any government, the budget is the important instrument to carry out the government's policies and programs. This book provides an exhaustive and analytical account of budgetary developments in India since the country's independence in 1947, with a focus on post-1991 reforms. The book is organized into eight parts, each containing information that deals with some aspect of budgetary policy in India. Areas of discussion include: the economic role of modern governments, particularly in developing countries * various reasons for state intervention in the working of an economic system with special reference to the provision of public goods * the constitutional provisions and parliamentary procedures and controls applicable to the budgetary exercise of the government of India * the structure of the central government budget * the functional, economic, and cross-classification of the budget * recent budgetary reforms in India including gender budgeting * the taxes, expenditures, subsidies, and debt liabilities of the central government, as well as the taxes of the state governments * the nature of center-state and state-local financial relations in India and the existing arrangements for inter-governmental financial transfers * highlights and summaries of each central government budget from 1947-48 to 2009-10 * appendices which provide supplementary information related to the budgetary exercise of the government of India * a glossary of budgetary terms * and time-series budgetary data.
Publication Date: 6/30/2009