Describe the Indian government’s process for creating the budget. Additionally, describe the distinction between plan and non-plan expenses. (125 Words) [UPPSC 2023]
TeamSupreme
Resources & Suggestions
Mains Answer Writing Latest Articles
On: February 22, 2025
Comments:
0
Indo-US Relation: Areas of Cooperation & Conflicts
Key Areas: Defense, technology, trade, energy, and regional cooperation. Key Areas of Cooperation 1. Defense and Security Transition from buyer-seller to co-production and technology sharing. India as a Major Defense Partner (MDP) and inclusion in STA-1. Access to advanced technologies, ...
On: February 22, 2025
Comments:
0
भारत-अमेरिका संबंध: सहयोग और संघर्ष के क्षेत्र
मुख्य विषय: भारत-अमेरिका संबंधों की मजबूती, विशेषकर रक्षा, प्रौद्योगिकी और क्षेत्रीय सहयोग में प्रगति। सहयोग के प्रमुख क्षेत्र 1. रक्षा एवं सुरक्षा सहयोग भारत और अमेरिका के बीच रक्षा संबंधों का विस्तार। प्रमुख रक्षा साझेदार (MDP) का दर्जा और STA-1 ...
On: February 22, 2025
Comments:
0
India’s Disaster Management
The article discusses the growing tensions between the Centre and states regarding disaster relief funding in India. It emphasizes the need for a transparent and equitable disaster management framework. Key Disaster Threats India Faces Increasing Frequency of Extreme Weather Events ...
Budget Making Process of the Government of India
The budget-making process in India involves several key stages:
1. Preparation: Departments prepare estimates of their expenditures and revenues. These are compiled by the Ministry of Finance.
2. Approval: The draft budget is presented to the Union Cabinet for approval before being introduced in Parliament, typically in February.
3. Discussion: The budget is discussed in both houses of Parliament, where members can suggest changes.
4. Approval: After discussions, the budget is voted on, and once approved, it becomes law.
Difference Between Plan Expenditure and Non-Plan Expenditure
1. Plan Expenditure: This refers to expenses incurred on government schemes and projects aimed at economic development. For example, allocations for infrastructure projects under the National Infrastructure Pipeline.
2. Non-Plan Expenditure: This covers the government’s regular expenses, such as salaries, pensions, and interest payments. For instance, social welfare schemes like Mahatma Gandhi NREGA fall under this category.
In recent budgets, there has been a shift towards increasing non-plan expenditure to address social challenges while maintaining development through plan expenditure.