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THE CONCEPT OF BUDGET

THE CONCEPT OF BUDGET

Budget is a quantitative expression of a plan of action and an aid to co-ordination and implementation. Historically, in Britain, the King used to demand money to wage wars from… Read more »

TYPES OF BUDGET

TYPES OF BUDGET

There are various types of budgets that are currently in use across the world. A broad classification of all such budgets can be done using broadly two principles: Classification based… Read more »

Principles of Budget Making

Principles of Budget Making

Practical experiences of many countries in the field of Financial Administration has led to the evolution of certain universal generalisations akin to the ‘Principles of Administration’ to which the budget… Read more »

Sources of Resource Mobilization

Sources of Resource Mobilization

In modern times, economic development is the major objective of every developing country. Economic development requires investment to increase the productive capacity of the economy. Most of the countries have… Read more »

Fiscal Policy

Fiscal Policy

Before the 1930’s the rule of fiscal policy as a major component of the economic policy was hardly recognised. It was mainly concerned with the task of raising revenues to… Read more »

Monetary Policy

Monetary Policy

H. G. Johnson has defined Monetary Policy as a “policy employing the central bank’s control of the supply of money as an instrument for achieving the objectives of general economic… Read more »

Financial Administration

Financial Administration

Finance is the life-blood of all the socio-economic organisations. Financial administration relates to the system which generates, regulates and distributes monetary resources needed for the sustenance and growth of organisations…. Read more »

Management Information System

Management Information System

In the present times information is regarded as ‘power’. Proper information helps in making the administrative decisions rational. Adequate knowledge of the ecology of administration, various public policies and general… Read more »

Network Analysis – PERT AND CPM

Network Analysis – PERT AND CPM

Network Analysis offers the various techniques for project management. These techniques are the extensions of the traditionally used Gantt charts which are also used for the same purpose. They help… Read more »

State Theories and Public Policy Formulation

State Theories and Public Policy Formulation

State is the foundation of modern civilization. It is the central point of modern society. State is centralized, law making, law enforcing and politically sovereign institution in the society which… Read more »

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