i UTRIPTI GARG} e ECONOMICS 7 PROJECT a [ROLL NO] | LITTLE FLOWERS PUBLIC SR. SEC. SCHOOL ’ (tAss =Im the accomplishrunt 04 thie profet ances) , many peopl Ue beat puted Upon met thin ‘ md. the xt pledged support , He } ; 1 ng Ae thank a the people whe haue b p aned uctth Ahig pred he HE hk aed fon being able te £ k Ec le Achbr- Udpode ruluable guidance L onte Anat ALtped te? Ahi putut and mabe A+ fue prooy Uh, AUtead Thom I usoutd Like Ap thant my parents and putndsene haree hetped ie wtth fhe, Va tuggediont and guidance has beoy Aeery hidduel dn. vAuins phos 4 Ahe completion of Phd Gil aeUntroductivy anna. 64. Le WY yt budget : of utrwmint Budget amint Budget MeAdUrte oh Kprwermmnt delist > Rowe hyiat ? Crimonry Aefivit > Ebeab “defeat> edimated Lipo diturte amd Juaiple Uh planned aL Ee He etytutes 4 the get . > Dn India , budget preeerted in the parkiament m Lh a AY , an the predidint may dined . Conmention , nance MM present She amnuak Basel 2h eee Site 2 be ‘amor , 2 ha bat & Ant gousrwmont, eeePETECIVES GOVERNMEN — RUTIGET REDUCING INEQUALITIES IN TNCOME AND WEATH -MANAGEMENT OF PUBLIC eres public decthr lp di atonal Ltrs p r > tling p OL pxrtdudion con canle tabby Leuduatlon Ln & noe b4 Large - cake ie af 4 4uch veuduatione vate unertarnitics MM symemnt can 42k vee control our Great lustsation theDuy yd Lapenditur ; ‘ the Loonpyry. - OU HaaleREALLOCATION OF eee eenm RESOURCES ~ Thrsugh the budgetary policy, -gouernment aime te scallocate Abd ourcen MM Aceardi ne with % taunt Puy the teonomic 4 serial prlgritice Greyt- cam influence altecation Of necourueeg thraug ahs (ly ax Leniisions 0% Aubsidite — Te Lo ees im utdtmint , Lubsidita ete - 4p. the produap. sagem the production of ha Hiquar. , gare AL4Bn nh tts etc ) ths ah. the use oy th aald pa pducte? by pa i (i aici oa ta qed dnd dering — Nev profitable not undertaken by the ECONomic GROWTH- —~aerw“c_0—™>—" he baue, obyective af. the te acalerate the pact of f Lomomut puoulth Jin Fhe country. For accel leraling Ane nate of Lunemls auth , 4 Atte the poirmment undertakes the poltocsing—— eee p*£ xplavnd re gout. Lxper Lituure ry Rewene uply fereer 2 CAPITAL BUOGET- Ti drale with the capital sped o the gourrr ment budgét and 4+ cenauety od-', apaal Recipte if) Capital expenditure The Compentnls # budget «1 an alse be categorised dicarding Ae Aeceiple and tapenditres . (1) BudmET RECEIPTS @60p667ai Pe Ler te +h atimated xpenduture the gpuermment dwung a gieom fiscal year. Suuumnut ond aptal tapenditureREVENVE RECEIPTSoR eee ae Revenue Reopte ayer te thou Aeaipte Urhich neither croate any Liabulity Wor Cause @ omy spduction im the aceite the pouten- - mir. “ Ott is on ree siuiple iy of Eallsfiea the following casertial condilions* Cl) The setuipt mudt not vette a Ler) it @ Anu yusrnmort. For nample— tafe Lusitd by He pout ane noweniee recelpty aL Sk eeomegmiat erelax Rewenue Refers te aim tal of ruunply prom tants amd othe, duticn Imposed by the guucrrmunt . Taxis a Wompulsory payment mase by prope and Compamity te the gousvarrent withbut rugeronce te amy clret bemyit un otlaw. Tt means, tore Are twee abuts a1 tanec? 4 UE) pulsory payment 2 y pont (an Aide Fe pay st wits aro Apent by the gourmet { Prvmen benett Of people um rhe wuriry . A tana ann et “tipect that the tar omaunt will be ut benept be h ud ae * a) Miaot Taner b) Induct toned did tants refer te that art inmpaded the gounment pn the and thai burden Cannot be Shifted fo the fel) Sts pewon entityIndirect tame ane Mose Anes udhich vam be Hu pted ty ambthwr Peco / wntity home b lm pact Shift of burden, Ainek tones ane Levied On Indusiduals and Wmpaniew The busdon 6f a direct tan Cannet be rupted ie wmpad and Ancidina is on the Same person. Thay ane pn ably Le, AM fimat Used of goods and AUWiee, vathoy thaw the be, on wwypom Me tan 4s tunied Bilntce on TAXES Thee vrrnelony humdi de wntion ately INDIRECT TAXES Indumd tants Art Aunitd on yoods and AVM « The burdon 4. am Andined tam cam be Sifted © wmpact and | Umadima de on dire nt prong they ant ral Ppa et aa ee oeCees are paid by thede ,uthe rea AMUMLL .2-9- Count Lee > paddpe at” teed ete-. DH refers te haim Ahe gout: on the per —Sen vane hat oled without saaing bled ee DAO wilt por his properly such of Ae “aimed sumo , WWCapita Reipty s0fer 19 those Awuibte ushidn ether Cua a Liability or cause a ign in Dhe aecily the aeuermmoerl . They awe NON ALU din g and nature * Yon- sgutine sin SL 6) the tws condillene — (i) The ~nupty must 6 Her the pote - mint oe , beragubing s axe capita B ALLY on they Lead 19 On “dncrgase un the Maklith of the youtrmmeril . Houreuer tax Ateired Lt net'a pla seeudt as it cloee net Amerense tre Mobilit, the gerrnment : roate a Lia“Clabte C NUR BL Gir) Che aban om US) TO into ea Like contin IMF). Sornowingr ant cafiad pact ouate ——— MALL SAVINGS = Smal funds raid fe ail he k Kean ier Nhat Thay ane ae ee ae apt eee Lead te On incrunae im Liability « RECOVERY OF LOANS= (isuruimont Ee =n voupue Load to date unlon Arvutoricn . RULE Loane sd & flip os it reduce assole he gout, DISINVESTMENTS - Qisveetmont repay to Bet rial upole. 04- de,MUL Fapon diturne aofird te the ane whic nthe neattrony asatt Or causes Boe Een eT on normal Lumdtonun the aeussmnmwt L the pronim tor varieuy —_—_{_&_—i—_——_ 1) Tht wrpy mi f{LUrL mut ale an. aust 4 the a seas mul . FOr snannple, payment 4 sales , Anltpsst ip a AU snpen AtUAl a4 1 charg ve : cel an asset of ae geuLninint ae (i) The sapenolilure mud not decreau in any Li For sample » repayment borrswlngd is neb Aramid tapnditine os tt Leads te Avduclion dM.Lt 4 non Sadeuiee in nature. Te adds to she capital stork. toner amd At increased the ea Lapenditurs ov Leng perivd development tipi, ‘ : Ln. tapenduirt Jt a tapital Lapondulurt if, it Gabisbus ony one Of Ant fetleuing situation — eae Ree See ren ees (b Te { am Adel for heuum “ug ib vad te be a balanced budget f af edlimated youernment aeaipte. an squat w te tutimated sqtrnmenit abn diturs SOR Plus BUDGET 4 eilimated. gut Auutipty ant mow than the Latimatid owns ema Athy the budgt Au tvvmed a4 “Surplua Budget’. DEFICIT euDGeT—wud 16 the WAAL of total titimated srepinditurs sors Aotal sélima- Aid user . When, the gocrrnment Apinde | mene than ut ialledtz , “then tt inturs Qc Satya coi lt asic ast ap Trdiin gourrmmnint, bdyg uf an try Yunus = ()REVENUE DEFICIT o_oOornr- (il) FISCAL DEFICIT “~~ NAArwRevenue deficit 4 concetd with rhe SULemtle ~unponditurte amd. Anumnut 3 t At ad SOS.DD thergacee burden of tare. a ang 4)MORE ReveNve veFiciT Lange = tt thauld take serouy Stipe Ae %oduce © « 4tt trpen-diture and avoid KH Be eeeisany Lapemdirt .( i) Rewenue Rept ! apital barvrowuinge : on Non- wa can La Nen~ debtMPLI - ! CATIONS OF FISCAL DEFICIT 4) DECI TRAP = bizct depict Undicatea the tolal bars, suning sequromonde of the petunia Borrowings not only imnvolue srpay mtr pf pumupal Umount, but also “scequins pay mont Sf dntereat « Tituuat payments inouase sie FULL Lt ne 1 uni tude te sums deft Tt vate, a vicious Cute Sf fecal depict and seuwomue defeat, whertin erent take mare Loane 10 spay the arliix deans - Ada ouet, r county Ax caugnt in dest trap ( 2) INFLATION — Guowermment m umly borreuse to meet ite seal ° , ut h depidt RBI punts watmy Ao mek the Anptcit tg ALmenild t iw Adeg¢ Fh2 mon Ly a yy the Lumemy and Ves nplation ary “pr teu B)FOREIGN DEPENDENCE — Grsuermmeh ULLe borrpurs prom St4t 64. the world , Usuch Anise de Arpendence on other Uoumtrted . 4) HAMPERS THE FuTvRs OROWTH — Lom Reenuee Bank 4 Indea Borrowings Ancreace the financial bundin fo int, generations. Te adurrad the xiture grout L duel prront probpectt of theExécak dopeit cam be met by borrowings hem the wntismal ABUL C publie 2 OMmnercal banks ue.) or the sternal Abrce Ceaegn fetuments unternational og antsatinnde q é : ration. 0 be Adcal defiut ustthent Keene depiat? i A when srnenue budget ty balanced but Cabital budget shou a difredt or, b) when reuenue budget it an aurplue beef “debit an capial budget 14 quale than Aube Od aeuetmue Budget ;Cxiomany deprat supurd 46 differmee bel beter — ideal defi of the current year ame and Antrrtat 1 payment on the provioue borreutings. FISCAL. — INTEREST” AR DEFICIT — ve Ficit PAYMENTS A IMPLICATIONS OF PRIMARY SEFicIT — a eae orrn—M —_— Lt undicatis , how much 4 the gourrnmont barre - A Cae aw going 18 meet ponder othr than the valtrut fener. The difference seturcom je znd iat oad minus ll 5iz ae | (® PRIMARY DEFICIT IS THE ROOT CAUSE oF FISCAL DeFICIT— Sa ee ie In India, ‘ntuat merits have lc MOLOL Sn, the seep yas oe eae payment on past borrounge hawe atl, @ Aroneaued the 4) iit Tr seduce tne fiscal clefict , intercat Paymente should be PedMed though + 4eans ae taaly as pudgy CO 4 Tt shows the diff eran betureen ah defrat amd ce payment EThe following books and, acter hae bun cuted “FOX the Completion 04 Ahis preperk — > Macasteoonica Gy sandurp Crary 94. > WWW.Cbse nic. in > WWW. mexitrationn com > NCERT Atratbrok 4 Macabéelonemice > Www- Aepperleaamnin, - Coy > Www. niert beoky tom ND - SIGNATURE A REMARKS