CONCEPTS OF DEFICITS AND FRBM ACT, 2003

Q1. Write a note on concepts of deficits and their trends. Ans . CONCEPTS OF DEFICITS: INTRODUCTION : A public budget is a systematic estimate of government's  revenue and expenditure  for a period of one year. It shows the planned expenditure of the government and the expected revenue from taxes and other sources during a given year. A public budget can be balanced, surplus or deficit. A deficit in a budget indicates excess of expenditure over receipts. CONCEPTS: In India, the budget has always shown deficit. A deficit in the budget has many implications for the economy and it influences the process of policy making. The followings are the various concepts of deficits and their changing trends in India. 1)    REVENUE DEFICIT : Revenue  deficit takes  place when revenue expenditure exceeds revenue receipts. Revenue receipts comprises of direct and indirect taxes, fees, fines, and surpluses of public  enterprises, etc. Revenue expenditure is the expenditure incurred on administration,  defence, interest payments and subsidies. Trends : The Government of India has shown the following trends in Revenue Deficit: Yr . Rs . ( in crores) % of GDP 1990-91 18,562 3.3 2007-08 52,569 1.1 2009-10 2,82,735 4.6 Revenue deficit has increased to a great extent since 1990-91. The major ... [more..]

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WHAT IS SOUND ENGINEERING AND WHERE CAN YOU GET TRAINED?

Sound Engineering is has become a popular profession in today’s job market. Despite this, not many people know what is involved in Sound Engineering. Commonly referred to as audio engineering, this field deals with the usage of electronic devices for sound mixing, recording and sound editing. Sound engineering plays an important role in movie and music production. However, with advancements in the sound engineering technology, the applications of the job have increased to include various jobs like aircraft crash investigation and many other complicated sound research systems. As you can see, a career in sound engineering gives you a wide variety of career choices. With the huge popularity explosion of this field, many sound engineering schools have opened up worldwide. However, several factors have to be considered for selecting the best Sound Mixing School.Look For well experienced facultyYou are probably well aware of the fact that Sound Engineering is complicated field of work. It is imperative that you receive a good sound engineering education before jumping into the job market. Unlike some other tech fields, Sound engineering cannot be learned by reading ... [more..]

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GETTING BEYOND FINANCIAL DRAMA ONCE AND FOR ALL!

Click here to view this newsletter online Audio Version (click here to listen) Weekly Words of Wisdom: Creating Wealth from the Inside Out The journey continues... Week 42 Do you really know all of the ways that you could be throwing mon'ey away or how you might be keeping it out of your life? There are five (5) areas in your life where mon'ey leaks might be occurring, and these leaks will be disguised as 'other issues' for you. These issues can seemingly appear to have no relevance to your money, yet, they profoundly do. They show up as clutter in the following areas: Clutter - environment Clutter - schedule Clutter - your mental and emotional states Clutter - relationships Clutter - finances Any one of these areas can keep mon'ey from coming into your life or can cause mon'ey to leak out of your life without you realizing how much and how fast it's dwindling away. This is not good news, but, there is a way to turn this around! This week's focus is to uncover how you are leaking money out of your life by ignoring your finances. This may seem like ... [more..]

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HEALTH ADMINISTRATION CAREER

Management and organizational expertise are used at an excessive degree as professionals work to maximize the potential of facilities. Many schools and universities supply programs that give students the needed knowledge for skilled opportunities. Students will change into professionals by working via specialized health administration degree applications which can be accredited by the Commission on Accreditation Healthcare Management Training

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