Analysis of Financial Budget West Bengal

In: Other Topics

Submitted By monalisa
Words 325
Pages 2
West Bengal Budget 2012-13 Allocation & Expenditure

Name Class

Expenditure by Main Sectors (Value & Percentage

Expenditure (INR Crore)
Education Health & Family Welfare Water Supply, Sanitation Transport

Expenditure %
Education Health & Family Welfare Water Supply, Sanitation Transport Total

Expenditure (INR Crore) Expenditure % Education 16,872 65% Health & Family Welfare 3,762 15% Water Supply, Sanitation 4,138 16% Transport 1,076 4% Total 25,848

Budget Allocation & Expenditure by Main Sectors

18,000 16,000 14,000 12,000 10,000 8,000 Allocation (INR Cr) Spend (INR Cr)

6,000
4,000 2,000 Education Health & Water Transport Family Supply, Welfare Sanitation

Allocation (INR Cr) Spend (INR Cr) Education Health & Family Welfare Water Supply, Sanitation Transport Total 16,176 3,860 4,664 1,114 25,814 16,872 3,762 4,138 1,076 25,848

Education Budget by sub-categories
Education Budget INR Crore
EDUCATION,SPORTS,ART and CULTURE General Education Technical Education

Sports and Youth Services
Art and Culture

Budget INR Crore EDUCATION,SPORTS,ART and CULTURE General Education Technical Education Sports and Youth Services Art and Culture Total

15,339 460 297 80 16,176

Healthcare & Family Welfare Budget by sub-categories

Healthcare & Family Welfare Budget (INR Crore)

Medical and Public Health Family Welfare

HEALTH AND FAMILY WELFARE Medical and Public Health Family Welfare Total 3,358 502 3,860 3,327 435 3,762

Water Supply, Housing & Urban Development Budget by sub-categories

Water Supply & Housing Budget (INR Crore)
Water supply and Sanitation Housing Urban Development

WATER SUPPLY, SANITATION,HOUSING AND URBAN DEVELOPMENT Water supply and Sanitation Housing

Budget (INR Crore) 1,070 131

Urban Development
Total

4,664
5,865

Transport Budget by sub-categories

Transport Budget (INR Crore)…...

Similar Documents

West Bengal

...investors and even the die-hard critics of the Left have been appreciating the role of the state government and its policy framework.  It needs to be mentioned that the process of industrial development of West Bengal has its own history. From the colonial days to the period prior to the country’s independence, the state occupied a pre-eminent position in the manufacturing, iron & steel, textile, jute, tea and other sectors. Its growth in the cottage & small scale sector was equally impressive in first decades in the post independence period. However, the development process had to face many problems in the years that followed for a variety of reasons. Among them the policies of the successive central governments like freight equalisation and manifest bias through licensing system were crucial. These, along with lack of policies of the then Congress government in the state, led to the sluggish industrial growth. The socio-political unrest from the 60s also negatively impacted on the investment climate of the state as well as engineered the flight of capital to other regions. The negative perception that had developed among the industrialists also hindered the process of the state’s industrial development. It also needs to be recognised that the western part of Bengal had to bear the brunt of the partition which had a telling effect on its economy. Besides, the benefits of scientific inventions and technological innovations in the post Second World War phase hardly......

Words: 3543 - Pages: 15

Health Care Waste Management Scenario in West Bengal

...HEALTH CARE WASTE MANAGEMENT SCENARIO IN WEST BENGAL The wastes generated from health care units are generally classified as infectious and non-infectious. The infectious health care wastes are termed as ‘bio-medical wastes’ and are considered to be potentially hazardous in nature. The disposal of untreated bio-medical wastes mixed with non-infectious health care wastes or other general municipal wastes poses an environmental threat and public health risk.Indiscriminate disposal of untreated bio-medical waste is often the cause for the spread of several infectious diseases. It is also responsible for the nosocomial diseases i.e. the hospital acquired diseases to the health care personnel who handle these wastes at the point of generation. Moreover, this is equally harmful to persons involved in the bio-medical waste management i.e. segregation, storage, transport, treatment and disposal. Apart from the above, a good amount of bio-medical wastes such as disposable syringes, saline bottles, I.V. fluid bottles etc. are picked up by rag pickers and are recycled back into the market without any disinfection. It is imperative, therefore, to adopt an appropriate environmentally safe method for the disposal of the hospital wastes. Sources of generation of Bio-medical wastes: Hospitals, Nursing Homes, Veterinary Hospitals, Dental Clinics, Pathological & Diagnostic Laboratories, Blood Bank etc. Type of Health Care Waste: These are of two types (i) Infectious Wastes (ii)......

Words: 3321 - Pages: 14

Budget Analysis

...Summary Report Budget Items An in-depth analysis of the Year 9 budget reveals several budgetary items that raise concern. First and foremost, the anticipated units to be sold is 3510. This is due to management’s assumption that the declining market will rebound and improve slightly in the upcoming year. However, this forecast is not supported by past sales performance. In Year 8, there was a 16.3% decrease in cost of goods sold. Based solely on this statistic, one would assume a smaller increase or no increase at all in units sold during Year 9. It is unclear where the basis for the projected unit sales has come from and that is problematic. Another problematic area is the accounts receivable projected budget, which also assumes an increase from $609,960 in Year 8 to $639,694 in Year 9. Accounts receivable suffered a 15.0% loss between Years 7 and 8. Based on this number, it is difficult to understand why the company would assume a 10% increase in total accounts receivable in Year 9. There are few changes in Facility and General Operations Level expenses. The budget for advertising is increased from $27,428 to $28,412. I would recommend an even larger adjustment in the advertising budget, especially if the company is expecting to sell more bikes. In the past, advertising expenses have been positively correlated with company revenue. Between Year 6 and 7, advertising costs increased by 37.5% and net sales increased by 33%. However, between Year 7 and 8, advertising......

Words: 1251 - Pages: 6

Budget Analysis

... Budgetary Analysis Heather Horning HCS/550 August 18, 2014 Elaine Bobo Budgetary Analysis The Medicaid program is one of the largest sources of health insurance in this country in addition to employer-based health insurance and Medicare. Medicaid delivers crucial medical related services to the most at risk populations in society. The importance of Medicaid's part in providing health insurance cannot be exaggerated; “the Medicaid program covers millions of low-income women, children, elderly people and individuals with disabilities” (U.S Department of Health and Human Services, 2000). Funding for Medicaid is limited through various federal policies, leaving much of the program’s budget burdened on the individual states to make necessary spending cuts in order to provide the funds needed for the demand of the program. Budgetary decisions need to be thoroughly reviewed before any immediate action is taken as these decisions can create a domino effect on other programs and their participants as sections of this paper will describe. Medicaid Overview Medicaid is a cooperative federal and state program with a common goal to provide a vital service for the general public. “Medicaid is the largest source of federal revenue for states. Medicaid funds support health care providers, jobs and state economies overall” (Kaiser Family Foundation, 2013). Every state institutes its own eligibility criteria, benefits platform, payment rates and program organization under the broad......

Words: 1949 - Pages: 8

Budget Analysis

...Budget Management Analysis for the Post Anesthesia Care Unit The budget management process is not an easy task. It is time consuming and difficult. There are some ways to overcome the challenge of managing budgets within forecasts. One way is to budget and report beyond the ledger. Data should be looked at beyond the company’s financial system. This will allow the company to create more accurate forecasts. Next the budget software should be user-friendly. If it is easy to use, the happier the employees are to use and understand it. Thirdly, the budget should have the options to incorporate a flexible financial model. Managers should be able to input information on how their particular department relates to other departments or functions. Next, the company must be able to adapt quickly to change because change is inevitable. The employees can respond to organizational, industrial, and global economic changes with re-forecasting or rolling forecasts. Improving collaboration between organizations, project teams, management, and department managers are another effective strategy to manage budgets within forecasts. Keep on task and submit tasks in a timely manner will help speed up the approval process. Last but not least always look to improve technology and software. One example would be cloud based software. This can decrease the cost for the company by decreasing the need for on-site IT infrastructure to maintain the information. My Manager is the Director of the entire......

Words: 1369 - Pages: 6

Budget Analysis

...Budget The proposed total budget allocated for the digitisation project is which will be distributed across total duration of 34 weeks. The budget is consumed aggressively in week 5 and week 9 of the project. The total hardware and software cost is 67,331.90 AUD, which is further broken down in details under the resources sheet in the budget delivered with the project. The total labour cost which includes the contractors and HP- SME is 65,160.00 AUD. This cost includes the amount that must be paid to the employment agency as well. Other payments categorised as miscellaneous will be 16,296.00 AUD. All suppliers will be asked to send official invoices with each deliverable separately, which will be collected by the IT engineer and project manager upon arrival. Then the IT engineer will compare the invoice content to the actual delivery, and then will be compared to the purchase order by the project manager. All invoices will be handed to the project manager and each invoice will be sent to the department’s accountant to be given a code of project name and numeric extension according to general ledger system, then the project manager will mark each item in the budget with a corresponding invoice code to acknowledge it. Project manager will be summing the total of the received invoices and comparing it to PO in weekly basis, any deviation should be communicated to sponsor timely with justification. The project manager will be giving a notification to the finance department......

Words: 547 - Pages: 3

Two Wheeler Financing in West Bengal

...stop shop in the space of vehicle and equipment finance. 1.2 Motivation for study HLF is currently operating its two-wheeler loan business only at select locations in West Bengal and wants to expand its business to other locations of West Bengal .Thus a market research of the various finance companies and the type of products offered by them was necessary. So a questionnaire was prepared and multiple touch points of HERO, HONDA & SUZUKI were visited and required data was recorded and the most viable touch points where the company can start operating could be suggested. 1.3 TWO WHEELERS LOANS INDIA The surging growth of the two wheeler industry in India has been influencing several new entrants to start manufacturing newer version of automobiles. In the last fiscal, the two wheeler industry in the country has seen a remarkable 9.5% growth against the previous year. A total of 16 million units of the automobiles were produced in India in the last financial year. Leading two wheeler manufacturers like Bajaj Auto, Hero Honda, TVS Motor, Yamaha Motor are continuously innovating and coming up with new two wheelers to rope in the increasing number of potential consumers in India. The annual sale of these various companies has also increased due to the two wheeler loans offered by numerous financial institutions and banking organizations. Leading banks in the public and private sector are providing two wheeler loans, right form mopeds to motorbikes. These loans are...

Words: 2384 - Pages: 10

Financial Analysis of Jsw and Sail

...profitability, liquidity and financial stability of two major players of the industry – Jindal Steel Works Ltd. and Steel Authority of India Ltd. The analysis of the players includes trend prevalent in the industry, horizontal and vertical analysis of the organizations as well as ratios such as Interest Coverage, Solvency, Profitability and Performance. Other calculations include Z-Score analysis, Financial Statements Case analysis and Total Assets and earnings per share to name a few. All calculations can be found in the attached excel files. Results of data analyzed show that SAIL has had a drastic downturn for the last five years whereas JSW has improved its value in the market by adoption of certain new technologies at timely intervals. The report finds the prospects of the companies in their respective current positions are not positive. The major areas of weakness require further investigation and remedial action by management. Some challenges that are being faced by the company as discovered during the Qualitative Analysis of the organizations are,   There have been multiple fluctuations in the market and the numerous possibilities of China's entrance into the exporting markets Thought the domestic demand has remained untapped and unfulfilled, there is a reduced demand for steel across the world, due to the current economic scenario. Taking into consideration the above challenges and understanding the financial as well as non-financial......

Words: 9892 - Pages: 40

Water Pollution in West Bengal

...Index SR. NO. | TOPICS | 1 | Acknowledgement | 2 | Introduction OF Water Pollution | 3 | Types of Water Pollution | 4 | Water Pollution Effects | 5 | Ganga River pollution in India | 6 | Extent of problem in West Bengal | 7 | CONSEQUENCES IN KOLKATA AS A RESULT OF WATER POLLUTION | 8 | Water Pollution Solutions | 9 | Water Pollution Preventions | 10 | “Ganga Action Plan” (GAP) | 11 | Conclusion | Introduction Water Pollution India is a land with many beautiful rivers and countryside. In India many of the rivers are considered to be holy, but water pollution in India has caused many of the rivers to be too polluted for use. Water pollution is a very serious problem in India which is the second most populous nation in the world. It is estimated that over 70% of all of India’s surface water is polluted in some way and many of the groundwater reserves have also been contaminated as a result of biological and industrial pollutants. As more and mre water becomes polluted the water pollution in India gets more and more severe. Many rivers have been deemed to be unsafe for human consumption which leads to water scarcity. Water pollution in India also makes irrigating crops difficult. If the water supply is too polluted to drink it should not be used for watering crops. With limited sources of water and pollution increasing every day India is facing a serious water crisis. Water pollution is becoming a huge problem which is faced by all of the......

Words: 4582 - Pages: 19

Financial Analysis

...MANAGEMENT DISCUSSION & ANALYSIS Infrastructure development is the most crucial factor for India's economic and social development. If we are talking about a double digit India's GDP growth for next 10-15 years we have to invest in the infrastructure development to achieve and sustain this growth. India has the necessary human and natural resources for becoming world's leading economy but without infrastructure these assets cannot be adequately utilized. Last twenty years of our journey has been quite enriching for the company and for all of us. It has been a continuous process of learning and today we are comfortably placed among our peers with a diversified and substantial order book. We have grown multifold and have been able to sustain this growth because of the dedicated and committed efforts of the entire team. From a small construction company we have matured ourselves in a large and diversified infrastructure organization. We have shown stellar business and financial performance year-on-year and have forayed into different business segments of the infrastructure sector. Economic and Industry Overview Supported by strong fundamentals and the Central Government's proactive measures India has been the most resilient and efficient economy to come out of the economic crisis. India's GDP growth for 2009-10 is estimated at 7.2 per cent. With an assumption of sustainable good performance of the industry and services sectors, the latest RBI projection placed the real GDP......

Words: 4742 - Pages: 19

Manage Budgets and Financial Plans

...Manage budgets and financial plans Assessment activity 1 1. Accurate records management is the first important task in the process of sound financial management or any small business operator. Accurate and regular financial information allows you to monitor the success or failure of a business and provides them with information to evaluate the consequences of their financial decisions. To be successful it is essential that you know the precise financial condition of your business. Accurate and regular financial information allows you to monitor the success or failure of your business and provides you with information to evaluate the consequences of your financial decisions. Regularly monitoring your business activities will help you operate more efficiently control your cash flow and increase your profitability. Solid information about your business depends completely accurate and timely record keeping practices. Accurate financial records will allow you to •identify your income and expenses to create a profit and loss statement •identify your business assets and liabilities to create a balance sheet •identify the timing of income and expenses to create a cash flow forecast •compare your business operations with industry benchmarks * prepare accurate business activity statements and tax returns so you don’t over or underpay your taxes 3. * identify the data that needs to be collected * identify the appropriate source of data * ensure currency,......

Words: 1552 - Pages: 7

Budget Analysis

...report consists of an analysis of the company budget, identification of key variances and findings, and suggestions on operational changes. A description of the budget process will be presented to pinpoint variances and their causes. Based on these variances, operational changes will be suggested and explained while considering business ethics. Recommendations on particular component production as well as nonfinancial performance measures will be made and accompanied by supporting evidence. First, the following is a brief overview of the budget and budget process. Budgets are an indicator of the costs and revenues linked to each of the companies activities and a way of providing information and supporting mangement decisions throughout the year (Nobles et al., 2014). Budgeting requires managers to plan for the company’s future based on a formalized plan (Nobles et al., 2014). In order to begin this cyclical, formalized plan, companies must first establish their objectives (Nobles et al., 2014). Then the company formulates stratgies to achieve these objectives and creates a budget based on these strategies (Nobles et al., 2014). After the budget has been prepared, business operations (i.e. production, processing, etc.) begin and as financial periods end the results are compared to the initial budget (Nobles et al., 2014). Once the budgets are compared, the company can alter the existing strategy or develop an entire new one, and then continue on through the budget process......

Words: 1196 - Pages: 5

Budget Management Analysis

...Budget Management Analysis HCS/571 Financial Resource Management June 27, 2011 Dr. Lena Watson Budget Management Analysis Budget management analysis is used by mangers as a tool and helps determine that all resources available are being used efficiently. The budgets are determined yearly and are based upon the previous year’s budget and variances. This paper will discuss specific strategies to manage budgets within forecast, compare five to seven expense results with budget expectations, describe possible reasons for variances, give strategies to keep results aligned with expectations, recommend three benchmarking techniques, and identify those that might improve budget accuracy, and justify the choices made. Strategies to Manage Budgets Many strategies may be used to control budgets; managers and the chief financial officer of most healthcare organizations have the tools needed to manage the budget. By managing the budget the organization will be better prepared for the financial forecasts, which are the company’s future expenses. Some strategies and tools that will assist with managing the budget are zero based, activity based, performance based, cost variances and benchmarking. Zero based budgeting analyzes every expense within an organization and justifies the need and cost of each. Activity based costing is the gathering of the operating cost data, which is assigned to specific activities such as engineering. The performance dashboard uses the metrics of......

Words: 1406 - Pages: 6

Budget Analysis

... Introduction: Budget might be regarded as public intentions with price tags attached. Budgets include itemized estimates of anticipated income and expenses, including a plan of operation based on such estimates. Government budget, forecast by a government of its expenditures and revenues for a specific period of time. In national finance, the period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. The word budget is derived from the Old French bougette (“little bag”). Budgets have an economic, political and technical basis. Unlike a pure economic budget, they are not entirely designed to allocate scarce resources for the best economic use. They also have a political basis wherein different interests push and pull in an attempt to obtain benefits and avoid burdens. The technical element is the forecast of the likely levels of revenues and expenses. Rational Of The Study: The Paper is assigned by our course teacher Ast. Prof. Md. Shariful Alam Khandakar as a part of our“Taxation” course. The topic of our Assignment paper is “Budget Analyse of FY 2012-13’ impacts”. By conducting this Assignment we can enhance our knowledge and skill to apply various research methods in professional life on higher educational life. The assigned task has given us a chance to raise our quality in developing research instrument and its applications. By doing so, we can boost our acceptability in economy and develop......

Words: 3987 - Pages: 16

Union Budget Impact Analysis

...UNION BUDGET 2010-11 Impact Analysis UNION BUDGET 2010-11: Impact Analysis CONTENTS BUDGET AT A GLANCE ............................................................................................ 1 UNION BUDGET 2010-11 : A MACROECONOMIC PERSPECTIVE ........................ 2 - 3 SECTORAL IMPACT ........................................................................................... 4 - 23 CHANGE IN CENTRAL PLAN OUTLAY..................................................................... 24 RECEIPTS .......................................................................................................... 25-26 EXPENDITURE ................................................................................................ 27 - 28 KEY ECONOMIC INDICATORS (Absolute Values) ................................................... 29 KEY ECONOMIC INDICATORS (Percentage Change Over Previous Year) ............... 30 UNION BUDGET 2010-11: Impact Analysis BUDGET AT A GLANCE (Rs bn) 2009-10 Revised Estimates 1) Revenue Receipts 2) Tax Revenue (net to centre) 3) Non-Tax Revenue 4) Capital Receipts (5+6+7)$ 5) Recoveries of loans 6) Other receipts 7) Borrowings and other liabilities * 8) Total Receipts (1+4)$ 9) Non-Plan Expenditure 10) On Revenue Account of which, 11) Interest Payments 12) On Capital Account 13) Plan Expenditure 14) On Revenue Account 15) On Capital Account 16) Total Expenditure (9+13) 17) Revenue Expenditure (10+14) 18) Capital Expenditure (12+15) 19) Revenue......

Words: 10541 - Pages: 43