PROJECT REPORT

ON

A STUDY ON BUDGETARY CONTROL

IN

BHARAT SANCHAR NIGAM LIMITED

BY
MS. M. SWAPNA
H.T. NO: 132214672097
SUBMITTED IN PARTIAL FULFILLMENT OF THE
REQUIREMENT FOR THE AWARD OF THE
MASTERS DEGREE IN BUSINESS ADMINISTRATION
(2014-2016)

Department of Business Administration

SRI INDU P.G COLLEGE
(Affiliated to Osmania University, Hyderabad)
VANASTHALIPURAM, HYDERABAD.

DECLARATION
I, the undersigned, hereby declare that the project report entitled A STUDY
ON BUDGETARY CONTROL carried out at NATFM BHARAT SANCHAR
NIGAM LIMITED. Is my original work written and submitted by me in partial
fulfillment of Master`s Degree in Business Administration of Osmania
University. I also declare that this project has not been submitted earlier in any
other university or institution.

Date:

(M. SWAPNA)

ACKNOWLEDGEMENT

I take this opportunity to extend my profound thanks and deep sense of

gratitude to the authorities of NATFM BHARAT SANCHAR NIGAM
LIMITED. For giving me the opportunity to under take this project work in their
esteemed organization. I profusely thank Mr.MADHU SUDHAN RAO,AO
I express my humble gratitude to SHRI S.SETHU DGM OF NAFTH,
opportunity and helped me a lot for a successful completion of my project work.
My sincere thanks to our college SRI INDH PG COLLEGE principal Mr.
P.V. APPARAO, HOD Mr. K.V.S SUNDER, and my project guide Ms. M.
MOUNIKA . For the kind encouragement and constant support extended in
completion of this project work. From the bottom of my heart
I am also thankful to all those who have incidentally helped me, through
their valued guidance, co-operation and unstinted support during the course of my
project.

M.SWAPNA

INDEX

S.No:

1.

PAGE NO.

CHAPTER

CHAPTER-1

01-05

INTRODUCTION
Scope of the Study
Objectives of the Study
Methodology of the Study
Limitations of the Study

2.

CHAPTER-1I

06-31

Review of Literature

3.

CHAPTER-1II

32-56

Industry profile
Company profile

4.

CHAPTER-1V

57-75

Data Analysis and

Interpretation

5.

CHAPTER-V

76-80

Findings
Suggestions
Conclusion

Bibliogrephy

ABSTRACT
A STUDY ON BUDGETARY CONTROL:

No system of planning can be successful without having an effective and efficient

system of control. Budgeting is closely connected with control. The exercise of control in the
organization budgets is known as budgetary control. The process of budgetary control includes:
1. Preparation of various budgets.
2. Continuous comparison of actual performance with budgetary performance.
3. Revision of budgets in the light of changed circumstances.
A system of budgetary control should not become rigid. There should be enough scope of
flexibility to provide for individual initiative and drive. Budgetary control is an important device
for making the organization. More efficient on all fronts. It is an important tool for controlling
costs and achieving the overall objectives.

BUDGETARY CONTROL
1. Organization for budgeting
2. Budget manual + Theory
"A document which sets out, inter alias, the responsibilities of the persons engaged in, the routine
of and forms and records required for budgetary control."
The budget manual is a written document or booklet that specifies the objectives of budgeting
organization and

procedures. Following are some of the important matters covered in a budget

manual. There are many advantages attached to the use of budget manual. It is a formal record
defining the functions and responsibilities of each executive.
The methods and procedures of budgetary control are standardized.
There is synchronization of the efforts of all which result in maximization of the profits of the
organization