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.

Publication Date

1-1-2017

Publication Title

Yojana

Publisher

Ministry of Information and Broadcasting

Keywords

Budgeting, Union Budget

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