Union Budget 2017-18: Fiscally pragmatic
Description
The focus of budgeting will now shift to revenue and capital expenditure, as had been originally envisaged in the Constitution. A clear distinction between revenue and capital expenditure is also necessary for analytical, transparent and efficient decision making. This distinction helps in assessing operating costs of government and investment made by it.
Copyright Date
January 2017
Publication Date
1-1-2017
Pagination
13-18p.
Publication Title
Yojana
Publisher
Ministry of Information and Broadcasting
Keywords
Budgeting, Union Budget
COinS