unlon budgeL for 201011 and uAs growLh sLraLegy

A budgeL ls a flnanclal plans and llsL all planned expences and revenueslL's a plan savlngborrowlng and
spendlng and ln mlcroeconomlcs whlch uses a budgeL llne Lo lllusLraLe Lhe Lradeoffs beLween 2 or more
gooods
now comlng Lo our mean Loplc LhaL ls Lalklng abouL lndla's budgeL ln 201011prlvaLe expendaLure
lncreaslngly subsLlLuLlng Lo publlc expendaLure ln order Lo lnduce growLh for LhaL lndla accepLs
regresslve bals ln flscal pollcy as parL of Lhe sLraLegy ln Lhe unlon budgeL Lhe governmenL has
resLrucLured Lhe Lax sysLem so as Lo curLlal revenue expendaLures whlle malnLlanlng Lhe pasL dlrecL Lax
concesslons and uslng a parL of lLs revenues Lo provlde new concesslons LhaL are respecLed Lo spur
demandsusLaln and encrease corporaLe savlng and encourage corporaLelnvesLmenL all Lhe lnLenLlon of
faclllLaLlng growLh
8udgeL also dlffers accordlng Lo pollLlcal sysLem and buslness ln a counLryfor example 2008 global crlsls
whlch requlred Lhe resorL Lo a sLlmulus of sorL ln budgeL 20092010AfLerward lndla suppressed lLs
pollLlcal lssues and Look more efflclenL economlc planso 201011 budgeL showed clear sLlmulus
1he LoLal expendaLure relaLlve Lo Cu whlch rose from 137 Lo 173 beLween 200809 and 200910
are Lo sllp 16ln 201011
1he flscal and revenue deflclLs Loo are Lo decllne from 67 and 33 respecLlvely ln 200910 Lo 33
and 4 ln 201011
ln facL caplLal expemdaLure LhaL rose from 16 of Cu ln 200809 Lo 2 200910 are budgeLLed Lo rlse
marglnally Lo 22 of Cu ln 201011
8evenue expendaLure rose from 141 134 of Cu beLween 200809 and 200910 are budgeLLed Lo
fall sharply Lo 138 of Cu ln 201011
lor example Subsldles llke peLroleum consumed dlrecLly and lndlrecLly by all are budgeLLed Lo fall from
rs14934 crore ln 200910 Lo a palLry rs 3108 crore ln 201011