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Central ministers approve chesaka budget intro chestara??


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Posted
7 minutes ago, psycopk said:

cabinet meeting lo all central ministers untaru anii proof ledu kada.. someone educate jaffa..

If that is the importance given to AP ministers that they are not even invited to important meetings , then what is the point of staying in the government ? 

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Posted
2 minutes ago, Kool_SRG said:

Unna undakapoyina majority of the ministers & participants if they say ok it will be passed & then presented if majority people say any changed to be done then may consider if needed.

Knowingly absent kotti...makem thelvad ante OK ani pulka logic...

Posted
1 minute ago, psycopk said:

mari jaffa gadu endi.. edo one month munde approve aaindi annatu buildup istadu...  andaru sign petali ani rule unnatu ledu... only majority aaite saripodi anukunta..

if the budget has ashok and sujana signature before presenting.. thats a big problem.. why cant jaffa comeup with some proof..

One month mundu avadu, antha mundu finalize chesthe it might leak. Aa budget prepare chese officials ni bayataki vellanivaru while preparing the budget and no outside communications directly. So approval max one week mundu thisukuntaru. 

And cabinet ministers are allowed in the cabinet meetings generally. Velledaru cabinet ministers aa leka minister of state aa teliyadu. 

Posted
Just now, psycopk said:

TDP vallu ee video ki strong counter ivali... ekkada sacharo party spokes men..

Nduku vayya..Nuvvu donga ante nuv dong ani kottukovatanika..Jaggadu n CBN kalsi AP ni 10ngabettaru..Idharu idhare @3$%Super Jodi

Posted
3 minutes ago, Teluguvadu8888 said:

Jaggadu CBN ni save chesthunnademo @3$%

Reverse lo bail ravadanika?

Posted
9 minutes ago, psycopk said:

mari jaffa gadu endi.. edo one month munde approve aaindi annatu buildup istadu...  andaru sign petali ani rule unnatu ledu... only majority aaite saripodi anukunta..

if the budget has ashok and sujana signature before presenting.. thats a big problem.. why cant jaffa comeup with some proof..

Ashok gajapathi raju cabinet rank & Sujana chowdary only minister of state , sujana chowdary ni cabinet meeting daridappuloki kuda kuda raanivvaru unless a particular state minister is invited which happens very rarely.

Posted

The budget process in India, like in most other countries, comprises  four distinct phases.

    Budget formulation: the preparation of estimates of expenditure and receipts for the ensuing financial year;
    Budget enactment: approval of the proposed Budget by the Legislature through the enactment of Finance Bill and Appropriation Bill;
    Budget execution: enforcement of the provisions in the Finance Act and Appropriation Act by the government—collection of receipts and making disbursements for various services as approved by the Legislature; and
    Legislative review of budget implementation: audits of government’s financial operations on behalf of the Legislature
    
Process starts August-September

In the Union government, there is a budget division in the department of economic affairs under the Ministry of Finance. This division starts the process of formulation of the next financial year’s Union budget in the months of August–September every year.
To start the process, the budget division issues an annual budget circular around the last week of August or the first fortnight of September every year. This annual budget circular contains detailed instructions for the Union government ministries/departments relating to the form and content of the statement of budget estimates to be prepared by them.

Estimates, revised estimates and actual's

It must be noted that the ministries are required to provide three different kinds of figures relating to their expenditures and receipts during this process of budget preparation. These are: budget estimates, revised estimates and actuals. Let us consider, for instance, the case of budget preparation in the second half of the calendar year 2011. The Union government would prepare the budget for 2012-13 during the time period of September 2011 to February 2012. In this case, the approval of Parliament would be sought for the estimated receipts/expenditures for 2012-13, which would be called budget estimates.
At the same time, the Union government, in its budget for 2012-13, would also present revised estimates for the ongoing financial year 2011-12. We may note here that the government would not seek approval from Parliament of revised estimates of 2011-12; but, these revised estimates would allow the government to reallocate its funds among various ministries based on the implementation of the budget for 2011-12 during the first six months of financial year 2011-12.
Finally, ministries would also be reporting their actual receipts and expenditures for the previous financial year 2010-11. Hence, the Union budget for 2012-13 would consist of budget estimates for 2012-13,  revised estimates for 2011-12, and actual expenditures and receipts of 2010-11.

Planning Commission's role
The ministries would provide budget estimates for plan expenditure for  budget estimates for the next financial year, only after they have discussed their respective plan schemes with the Central Planning Commission. The Planning Commission depends on the finance ministry to first arrive at the size of the gross budgetary support, which would be provided in the budget for the next annual plan of the Union government. In principle, the size of each annual plan should be derived from the approved size of the overall Five-Year Plan (12th Five-Year Plan, 2012-13 to 2016-17, in the present instance). However, in practice, the size of the gross budgetary support for an annual plan also depends on the expected availability of funds with the finance ministry for the next financial year.

Call to reduce deficit
In the past few years, the finance ministry has been vociferously arguing for reduction of fiscal deficit and revenue deficit of the Union government, citing the targets set by the Fiscal Responsibility and Budget Management Act and its rules. Hence, presently, the aspirations of the Planning Commission and Union government ministries with regard to spending face the legal hurdle of this Act, which has made it mandatory for the Union government  to show the revenue deficit as nil (total revenue expenditure not exceeding total revenue receipts by even a single rupee) and the fiscal deficit as less than 3 per cent of GDP. This means new borrowing of the government in a financial year cannot exceed 3 per cent of the country’s GDP for that year.

Final stages

Also, during the final stage of budget preparation, the revenue-earning ministries of the Union government provide the estimates for their revenue receipts in the current fiscal year (revised estimates) and next fiscal year (budget estimates) to the finance ministry. Subsequently, usually in the month of January, more attention is paid to finalisation of the estimated receipts. With an idea about the total requirement of resources to meet expenditures in the next fiscal year, the finance ministry focuses on the revenue receipts for the next fiscal.

In the final stage of budget preparation, the finance minister examines the budget proposals prepared by the ministry and makes changes in them, if required. The finance minister consults the prime minister, and also briefs the Union Cabinet, about the budget at this stage. If there is any conflict between any ministry and the finance ministry with regard to the budget, the matter is supposed to be resolved by the Cabinet.

In the final stage, the budget division in the finance ministry consolidates all figures to be presented in the budget and prepares the final budget documents. The National Informatics Centre (NIC) helps the budget division in the process of consolidation of the budget data, which has been fully computerised. At the end of this process, the finance minister takes the permission of the president of India for presenting the Union budget to Parliament.

As per the Constitution, the Union budget is to be presented in the Lok Sabha on such a day as the president may direct. By convention, Union budget has been presented in Lok Sabha by the finance minister on the last working day of the month of February every year. (This has been changed over the period of time)

The finance minister, by convention, makes a speech while introducing the budget. The annual financial statement is laid on the table of Rajya Sabha only after the finance minister concludes his budget speech in Lok Sabha. The budget documents are made available to the members of Parliament after the finance bill has been introduced in Lok Sabha, and the House has been adjourned for the day.

It may be noted that the budget process in India lacks transparency in one aspect: while enactment of the Budget by the legislature and the review of its implementation are reasonably transparent, the process of budget preparation by the government is carried out behind closed doors.

Posted
4 minutes ago, reality said:

Knowingly absent kotti...makem thelvad ante OK ani pulka logic...

Aah emundi cheyyochu chesaaru/chestaaru kuda many if they feel their word will not stand.

Posted
3 minutes ago, Bitcoin_Baba said:

The budget process in India, like in most other countries, comprises  four distinct phases.

    Budget formulation: the preparation of estimates of expenditure and receipts for the ensuing financial year;
    Budget enactment: approval of the proposed Budget by the Legislature through the enactment of Finance Bill and Appropriation Bill;
    Budget execution: enforcement of the provisions in the Finance Act and Appropriation Act by the government—collection of receipts and making disbursements for various services as approved by the Legislature; and
    Legislative review of budget implementation: audits of government’s financial operations on behalf of the Legislature
    
Process starts August-September

In the Union government, there is a budget division in the department of economic affairs under the Ministry of Finance. This division starts the process of formulation of the next financial year’s Union budget in the months of August–September every year.
To start the process, the budget division issues an annual budget circular around the last week of August or the first fortnight of September every year. This annual budget circular contains detailed instructions for the Union government ministries/departments relating to the form and content of the statement of budget estimates to be prepared by them.

Estimates, revised estimates and actual's

It must be noted that the ministries are required to provide three different kinds of figures relating to their expenditures and receipts during this process of budget preparation. These are: budget estimates, revised estimates and actuals. Let us consider, for instance, the case of budget preparation in the second half of the calendar year 2011. The Union government would prepare the budget for 2012-13 during the time period of September 2011 to February 2012. In this case, the approval of Parliament would be sought for the estimated receipts/expenditures for 2012-13, which would be called budget estimates.
At the same time, the Union government, in its budget for 2012-13, would also present revised estimates for the ongoing financial year 2011-12. We may note here that the government would not seek approval from Parliament of revised estimates of 2011-12; but, these revised estimates would allow the government to reallocate its funds among various ministries based on the implementation of the budget for 2011-12 during the first six months of financial year 2011-12.
Finally, ministries would also be reporting their actual receipts and expenditures for the previous financial year 2010-11. Hence, the Union budget for 2012-13 would consist of budget estimates for 2012-13,  revised estimates for 2011-12, and actual expenditures and receipts of 2010-11.

Planning Commission's role
The ministries would provide budget estimates for plan expenditure for  budget estimates for the next financial year, only after they have discussed their respective plan schemes with the Central Planning Commission. The Planning Commission depends on the finance ministry to first arrive at the size of the gross budgetary support, which would be provided in the budget for the next annual plan of the Union government. In principle, the size of each annual plan should be derived from the approved size of the overall Five-Year Plan (12th Five-Year Plan, 2012-13 to 2016-17, in the present instance). However, in practice, the size of the gross budgetary support for an annual plan also depends on the expected availability of funds with the finance ministry for the next financial year.

Call to reduce deficit
In the past few years, the finance ministry has been vociferously arguing for reduction of fiscal deficit and revenue deficit of the Union government, citing the targets set by the Fiscal Responsibility and Budget Management Act and its rules. Hence, presently, the aspirations of the Planning Commission and Union government ministries with regard to spending face the legal hurdle of this Act, which has made it mandatory for the Union government  to show the revenue deficit as nil (total revenue expenditure not exceeding total revenue receipts by even a single rupee) and the fiscal deficit as less than 3 per cent of GDP. This means new borrowing of the government in a financial year cannot exceed 3 per cent of the country’s GDP for that year.

Final stages

Also, during the final stage of budget preparation, the revenue-earning ministries of the Union government provide the estimates for their revenue receipts in the current fiscal year (revised estimates) and next fiscal year (budget estimates) to the finance ministry. Subsequently, usually in the month of January, more attention is paid to finalisation of the estimated receipts. With an idea about the total requirement of resources to meet expenditures in the next fiscal year, the finance ministry focuses on the revenue receipts for the next fiscal.

In the final stage of budget preparation, the finance minister examines the budget proposals prepared by the ministry and makes changes in them, if required. The finance minister consults the prime minister, and also briefs the Union Cabinet, about the budget at this stage. If there is any conflict between any ministry and the finance ministry with regard to the budget, the matter is supposed to be resolved by the Cabinet.

In the final stage, the budget division in the finance ministry consolidates all figures to be presented in the budget and prepares the final budget documents. The National Informatics Centre (NIC) helps the budget division in the process of consolidation of the budget data, which has been fully computerised. At the end of this process, the finance minister takes the permission of the president of India for presenting the Union budget to Parliament.

As per the Constitution, the Union budget is to be presented in the Lok Sabha on such a day as the president may direct. By convention, Union budget has been presented in Lok Sabha by the finance minister on the last working day of the month of February every year. (This has been changed over the period of time)

The finance minister, by convention, makes a speech while introducing the budget. The annual financial statement is laid on the table of Rajya Sabha only after the finance minister concludes his budget speech in Lok Sabha. The budget documents are made available to the members of Parliament after the finance bill has been introduced in Lok Sabha, and the House has been adjourned for the day.

It may be noted that the budget process in India lacks transparency in one aspect: while enactment of the Budget by the legislature and the review of its implementation are reasonably transparent, the process of budget preparation by the government is carried out behind closed doors.

Kaka idantha chadavalemu 2 lines lo conclusion Ichey.

Posted
2 minutes ago, Teluguvadu8888 said:

Kaka idantha chadavalemu 2 lines lo conclusion Ichey.

TS saduvkuntadu ani esa, elago bolli babu and sinna bob ni defend cheskodaniki ayeena saduvkuntadu @3$%

Posted
22 minutes ago, psycopk said:

if jagan is right.. cbn should answer to this question..

other wise.. jagan... inko 20years time padutundi for you to understand how the system works..

 

system gurinchi idea una valu plz throw some light... i dont think central minsiters get to sign the bill before introduction..

Cabinet approvals vundali.  After approval in parliament, the bill then reaches the cabinet sub-committee.  This sub-committe has group of ministers empowered and not all ministers are part of this sub-committee but for budget, usually the entire union cabinet is part of budget sub-coimmitee.

For security purpose, there is CCS...comprising of Home,Defence, External affairs, Cheif of Armed forces and Home secretary....For Home affairs, usually it is Home, Home secretary,Union home and state secretaries, for budget, it is usually top ranks in the union...more or less the entire cabinet excluding the ministry of state.

Posted
11 minutes ago, Amy99 said:

Budget present cheyadaniki avasaram ledu ... pass cheyali ante kavali 

Just before presentation on budget day kuda cabinet meeting untadi taravata, parliament lo present chestaaru...

+_(

9.28am: Finance minister Arun Jaitley examined the final copy of the Budget document on Wednesday evening. On Thursday morning, he left for the the Rashtrapati Bhavan from the finance ministry at the North Block. He will shortly reach Parliament, where he will present the Budget at 11am after a Cabinet meeting.

Posted

emi thatha, frustration la vunatu vunnav kada..intaki, america la TDP government epudu vastundi ?

Posted
2 minutes ago, Android_Halwa said:

emi thatha, frustration la vunatu vunnav kada..intaki, america la TDP government epudu vastundi ?

#muttonbiryani ani telusu maku... we dont expect your senses to work properly.. weekend motham burra badlu kotukunava... vadiki fool chedam anukoni nuvvu fool vi avutunav...

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