It is an effective method for achieving gender equity to ensure that development benefits reach women as much as men.It entails dividing the government budgets to establish its gender-differential impacts and ensuring that gender commitments are translated into budgetary commitments.Gender Budget is not an accounting practice but rather a continuous process of keeping a gender perspective in policy formulation, implementation, and review.It makes the budget more accountable and transparent.It measures quantitative and qualitative aspects of the budget.In practice it means regularly comparing actual income or expenditure to planned. It works as the progress card on what various Ministries and departments have done within a particular year. Budgetary control is financial jargon for managing income and expenditure.The outcome budget becomes a means to establish a linkage between the fund spent by a government and the outcome that follows.Outcome-Based Budget is a process of budgeting done at micro levels that sets measurable physical targets to be allocated on every planned project under various ministries.A method of budgeting in which all expenses must be justified for each new period.Zero-based budgeting (ZBB) is basically a systematic cost management process that prioritizes the efficient allocation of income to fixed expenditure, variable expenses, and savings in order to nullify the difference between income and expenditure. A budget is how you keep track of your money and make sure you’re in the driver’s seat of where it’s going.As the name suggests, it refers to planning and preparing the budget from scratch or ‘ zero bases’.“ Zero-based budgeting ” is an approach to planning and preparing the budget from the beginning. When there is too much inflation, the government can pursue a surplus budget strategy, which lowers aggregate demand. The government's financial stability is demonstrated by the surplus budget.For instance, if the budget expenditure is Rs 2.4 lakh crores and if budget receipts are Rs 2.8 lakh crores.Total Budgeted Receipts Total Budgeted Expenditure.The budget is said to be a deficit if expenditures surpass revenue over time.The expected revenue of the government is less than the proposed expenditure of the government. A deficit budget is one in which expected government spending exceeds expected revenue.For instance, if the budget expenditure is Rs 2 lakh crores and if budget receipts are Rs 2 lakh crores.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |