Monday, January 27, 2020

Government expenditure and classification in india

Government expenditure and classification in india Classification of Government Expenditure The welfare of the people of India highly depends on the expenditure of the Government of India (GOI). Government expenditure is a very important aspect of the governments budget presented by the finance minister every fiscal. Through it GOI tries to maximise the welfare of the people by appropriately allocating economic resources to various government activities. Government expenditure can be broadly classified into four categories: Functional Classification or Budget Classification: In April 1974, the GOI introduced a new accounting structure in order to serve the requirement of financial control and accountability. Under this structure, a five tier classification has been adopted sectoral, major head, minor head, subhead, and detailed heads of accounts. Sectoral classification has clubbed the government functions into three sectors, namely, General Services, Social and Community Services and Economic services. In the new structure, a major head is assigned to each function and minor head is assigned to each programme. Each minor head include activities or schemes or organizations as subheads. Economic Classification: Economic classification of the government expenditure signifies the way of the allocation of resources to various economic activities. It involves listing the government expenditure by significant economic categories, separating current expenditure from capital expenditure, spending for goods and services from transfers to individuals and institutions, inter-governmental loans from grants etc. This classification provides a record of governments influence in each sector of the economy. Cross Classification or Economic-cum-functional Classification: Cross classification provides the break-up of government expenditure both by economic and by functional heads. For example, expenditure on medical facilities, a functional head, is split as current expenditure, capital expenditure, transfers and loans. Accounting Classification: Accounting classification of the government expenditure can be presented under (i) Revenue and Capital (ii) Developmental and Non-Developmental and (iii) Plan and Non-Plan. Each classification of expenditure has an objective associated with it. For instance, Revenue and Capital expenditure indicates the creation of assets by government expenditure and unproductive expenditure. Further, the developmental and non-developmental classification differentiates the government classification as the expenditure on social and community services and economic service from that against general expenditure. Similarly, the Plan and Non-Plan expenditure represents the expenditure on planned schemes of government and non-plan expenditures. The above classification of the government expenditure serves one or more of the purposes of the government, such as, parliamentary control over expenditure, economic development, price stability etc. Analysis of Government Expenditure in India The chart given below shows the division of government expenditure in terms of capital and revenue expenditure for some selected years. The percentage share of revenue expenditure in government expenditure has increased over time due to increase in expenditure in society welfare. A percentage distribution of the plan and non plan expenditure for a representative year of the post and pre reform period each is provided below: The chart above shows there is a increase in the plan expenditure over a period of a decade from 1989-90 to 2008-09. Sector wise percentage distribution of the composition of the government expenditure is provided in the table below: The growth story of the India can be said in terms of five year plans which give an account of government expenditure during the plans. The first five year plan (1951-56) laid emphasis on agriculture, including irrigation and power, wherein the government had spent 36% of its subject on these heads. The second five year plan (1956-61) marks the foray towards industrialization with an increased government spending in transport and communication sector with an contribution of 28.9% of its expenditure. The urge for industrialization continues even during the third five year pan (1961-66) with 24% and 20% public spending on Industry Minerals, and Transport and Communication respectively. Fourth to seventh five year plans have social services of education, health, welfare sharing a majority of the pie with 24% and 26% expenditure in fourth and fifth plan. The eight five year plan (1992-97) commenced the era of fiscal reform and liberalization. There were increased efforts to improve the economic growth and quality of life of the common man. There were high public spending on the sectors like energy (26.6%), Transportation and communication (20.8%) and Social and other services (19.6%). The Ninth five year plan (1997-2002) focussed on the development of infrastructure by allocating 72% of the funds to irrigation, energy, transport and communication and social service. The tenth five year had an objective of atleast 8% growth rate by providing a boast to power sector spending (26.56%) and increasing social Community services sector spending to 29.27%. COMPARISON OF INFLATION BASED ON CPI AND WPI Consumer Price Index (CPI), is defined as the weighted average change over time in the prices of a basket of the good and services consumed by a consumer. While, Wholesale Price Index is defined as the weighted average change over time in the price of a basket of wholesale goods. Inflation rate is calculated based on the CPI and WPI as the percentage in the respective indices over time, generally a year. The calculation of inflation rates based on CPI and WPI form 1994-95 to 2006-07 is given in the table provided below: WPI WPI Inflation rate CPI IW CPI- IW Food CPI-IW Inflation rate Food Inflation rate WPI inflation rate CPI Inflation rate 1994-95 112.6 12.6 284 304 10.1 11.8 2.5 1995-96 121.6 8.0 313 337 10.2 10.9 -2.2 1996-97 127.2 4.6 342 369 9.3 9.5 -4.7 1997-98 132.8 4.4 366 388 7.0 5.1 -2.6 1998-99 140.7 5.9 414 445 13.1 14.7 -7.2 1999-00 145.3 3.3 428 446 3.4 0.2 -0.1 2000-01 155.7 7.2 444 453 3.7 1.6 3.4 2001-02 161.3 3.6 463 466 4.3 2.9 -0.7 2002-03 166.8 3.4 482 477 4.1 2.4 -0.7 2003-04 175.9 5.5 500 495 3.7 3.8 1.7 2004-05 187.3 6.5 520 506 4.0 2.2 2.5 2005-06 195.5 4.4 542 527 4.2 4.2 0.1 2006-07 206.1 5.4 579 575 6.8 9.1 -1.4 Base Year for WPI is 1993-94 Base Year for CPI for 1994-95 and 1995-96 is 1982 and from 1996-97 onward it is 1986-87 CPI and WPI differ in terms of their weights assigned to their respective constituent basket goods and services. Food has been assigned a higher weight in CPI (46% in CPI-IW) as compared to a weight of only 27% in WPI. As a result, the CPI changes more with the change in the food process as compared to the WPI. Further, the fuel group has a much lower weight in CPI (7% on an average) relative to that in the WPI (14.2%). Consequently, the variations in international crude process affect the WPI more than CPI. Also, services are not included under WPI, but are included in the CPI to different extents. Hence, the CPIs are influenced by the service price inflation. Considering the data provided in the table above, it can be inferred that on an average CPI-IW inflation is higher than that of WPI inflation. Also, in terms of WPI inflation the period from 1994-95 to 1995-94 was of higher inflation, then the inflation decreases and increases again in 2000-01 and then decreases again. It can be seen that the inflation rate, both CPI inflation and WPI inflation, follows a cyclic pattern.

Sunday, January 19, 2020

Job roles within Asda Essay

The area manager Philip Davies has a clear but hard Job which he gets well rewarded for, Philip Davies has to make major and long term decisions which could be vital to Asda, obviously he has to actually run he business day in day out and he has to attend regularly board of directors meetings plus he has to do basic and boring paperwork for most of each day. Philip Davies needed good qualifications to become the Area manager of Asda and his qualifications are: * A masters degree in Business * A degree in management * 3 A-levels * 7 A*-C grades at G.C.S.E Without these sort of qualifications Philip Davies could never have become the Area manager of Asda. Store manager The store manager Gary Hall has a slightly similar job to the Area manager except he does not communicate to the board of directors and the store manager has to work more with the employees inside of the store and he has to check that everything is going well throughout the store. The store manager is responsible for the performance measures in his store: sales, stock loss, labour cost, customer service and Licence to Trade (Health & Safety and Food Quality). The Store Manager is also responsible for managing and developing their team of Duty Managers. Gary Hall also needs good qualifications to be the store manager and they are: * Business Degree * Management degree * 3 A-levels * 6 A*-C grades at G.C.S.E These qualifications are a lot like the Area managers (Philip Davies) qualifications, probably because the jobs are similar. Managers Each manager has their own department to look after and they are: * Finance department * Customer services department * Market research department * Duty department * I.T administration department * Human Resources department The responsibilities of a manager are: * Decision making * Problem solving * Planning, setting targets (long-term objectives) * Ensuring that targets are achieved * The organisation of the working environment With a good manager all of these responsibilities can be completed. Finance manger The finance manger Sue Williams is responsible for many things the most important one being the finance department in which Sue Williams has many responsibilities like: * Accounting * Budgets * Salaries Sue Williams is also responsible for looking after her employees in the finance department. Sue Williams takes her orders from Gary Hall the store manager and then she uses her finance team to conduct those activities. Like Philip Davies and Gary Hall, Sue Williams also needed good qualifications: * Degree in management * 3 A-levels * 6 A*-C grades at G.C.S.E Read more:  Job Roles at Sainsburys Supermarkets Customer services manager The customer services manager Ben Adams in his job role will have to make sure that every customer goes home happy. Ben Adams does not actually talk to any customers because his job is to tell his customer services team how to make there customers happy. Not only does Ben Adams have to make all the customers happy but he also has to try and make a sale and that is why Ben Adams also has to try and get his team to make a sale. Like all of the other managers Ben Adams takes his orders from Gary Hall and he has to do his best to complete the jobs that Gary Hall assigns for him. To get the job as customer services manager Ben Adams needed these qualifications: * Degree in management * 3 A-levels * 6 A*-C grades at G.C.S.E As a benefit of being the Customer services manager Ben Adams gets discounts when he shops at Asda. Market research manager The Market research manager Ian Roberts is responsible for everything that goes on in the Market research department one half of the department has to design a product based on the customers’ preferences and the other half of the department has to try and sell the product that has been designed. The qualifications that Ian Roberts needed were: * Degree in management * 3 A-levels * 6 A*-C grades at G.C.S.E As a benefit of being Market Research manager Ian Roberts also gets a discount on his products whenever he shops at Asda. Duty Manager The Duty manager James Davis Is responsible for a variety of things but he is mainly in charge of the stock and the warehouse. James Davis is also responsible for all trade operations and James Davis has to make sure that all of the employees in the Duty department all work well together and all work to their full potential and of course he also has to make sure that all of his employees are happy in their working environment. As well as trade operations James Davis also has to improve sales and profitability and at times he and his team may deputise for the store manager Gary hall. To become the Duty manager, James Davis needed these qualifications: * Degree in management * 3 A-levels * 6 A*-C grades at G.C.S.E And of course like all the other department managers James Davis as a benefit receives discounts on his items whenever he shops at Asda. I.T. and Administration manager The I.T. and Administration manager Sue Williams has many responsibilities like being in charge of everyone in the I.T. and Admin’ departments (plus the finance department) so she has many activities which mostly consist of filling out forms and reports also Sue Williams has to ensure that all of the employees in her departments work effectively and of course she has to set everyone their tasks each weak and each month the store manager will tell Sue Williams what she will have to do by the end of the month. To be the I.T. and Administration manager Sue Williams needed these qualifications: * Degree in management * 3 A-levels * 6 A*-C grades at G.C.S.E As the manager of the I.T and Administration and Finance departments Sue Williams has to work 60 hours per week plus a lot of overtime. Because Sue Williams is the manager of two departments she gets paid à ¯Ã‚ ¿Ã‚ ½42,000 per year and more if the store manager thinks she deserves it. Sue Williams also gets discounts on whatever she buys at Asda. Human resources manager The Human resources manager Stuart Thatcher is responsible for a lot of things like: * Recruitment * Training * Dismissal * Promotion * Health and Safety It is Stuart Thatcher’s job to make sure that all of these jobs get done well and to make sure that they do get done well Stuart Thatcher has to set out appropriate tasks for his team and he has to plan everything that his team will have to do for Asda, e.g. if the store needed 5 more employees for staking shelves or whatever it would be Stuart Thatcher’s job to make sure that the right people were appointed for the store, or another example could be that if the store needed two people to be laid off then it would be Stuart Thatcher’s job to dismiss the two employees. To become the Human resources manager Stuart Thatcher needed these qualifications: * Degree in management * 3 A-levels * 6 A*-C grades at G.C.S.E As a benefit of being the Human resources manager Stuart Thatcher gets a discount on anything he buys at Asda. Stuart Thatcher has to work 48 hours a week, plus he may sometimes be asked to work overtime. As the manager of the Human resources department Stuart Thatcher gets paid à ¯Ã‚ ¿Ã‚ ½25,000 per year and more if the store manager thinks he deserves it. Supervisors They are responsible to the junior or middle management, and responsible for the team members. Their main role is to: a) Supervise the teamwork. b) Make sure that daily targets are met and problems are solved. Account supervisor Every single month he and his team will have to check through all accounts, check the cash flow forecast, and Asses the accounts every year and make sure that they are correct, accounts are very important because if they are wrong Asda could lose a lot of money because if they do not keep track of their debtors then they will forget about how much they owe Asda, and they will lose a lot of money. To become the accounts supervisor he needed these qualifications: * 4 A*-C grades at G.C.S.E * 2 A-levels * 1 A-level must have been in business As a benefit of being the Account supervisor he gets a discount on anything he buys at Asda. The Accounts supervisor has to work 44 hours per week and he gets paid à ¯Ã‚ ¿Ã‚ ½16,000 per year. Marketing supervisor It is his job to be constantly be updating Asda’s products, he and his team at the start will find out what the department managers want and what the customers (or consumers) want. So first they will go to the department managers and ask them what they would like in the store and then they have to go out on the streets and ask the customers a series of questions about what kind of product they would like, and also the market research team will have to assess the competitors products e.g. Tesco’s new products and Safeway’s new products and once they have assessed the competitors products they will try to better them based on the department managers specifications and the customers (or consumers) specifications. To become the marketing supervisor he needed these qualifications: * 4 A*-C grades at G.C.S.E * 2 A-levels * Some Market research experience As a benefit of being the Marketing supervisor she gets a discount on anything she buys at Asda. The Marketing supervisor has to work 44 hours per week and he gets paid à ¯Ã‚ ¿Ã‚ ½16,000 per year. Recruitment supervisor The jobs of her and her team are to put in adverts (containing all of the specifications about the job) in the local newspapers and the job centre, etc and then application forms would be given to the candidates and then some of the candidates would be given an interview based on how good there application form and C.V.’s were. Then once everyone has been given an interview some people will be turned away leaving 10 people left which will be given a second interview and after that interview one of them will be given the job. She can only set out to employ somebody once she has been told to by Stuart Thatcher the Human resources manager. To become the recruitment supervisor she needed these qualifications: * 4 A*-C grades at G.C.S.E * 2 A-levels * Some experience in Human resources As a benefit of being the Recruitment supervisor she gets a discount on anything she buys at Asda. The Recruitment supervisor has to work 44 hours per week and she gets paid à ¯Ã‚ ¿Ã‚ ½16,000 per year. Assistants or support staff These are people who support the internal working of the organisation and who perform support tasks for managers. The main duties of the support staff are: * To carry out the duties as specified on the job description and as required by the manager or supervisor. * To obey reasonable instructions * To co-operate with other team members. One example of an assistant is the Warehouse Assistant and his job is very clear, his job is to retrieve the stock from the suppliers and then take the stock to the warehouse and put it in order for it to go up on the shelves which the warehouse assistant and his team members will do. The Warehouse Assistant has to work. The warehouse Assistant has to work 54 hours per week like most assistants and he gets paid à ¯Ã‚ ¿Ã‚ ½7 per hour and he often has to work overtime for which he gets paid à ¯Ã‚ ¿Ã‚ ½4 more per hour like most assistants.

Saturday, January 11, 2020

Comparing Sonny’s Blues to the Cathedral

1. Is Patrick lonely? In my opinion, I feel as though the boy is lonely, living in such a remote and desolate place, with only his father to spend his time with. For example Ondaatje says, â€Å"He was born into a region which did not appear on a map until 1910, though his family had worked there for twenty hears and the land had been homesteaded since 1816. In the school atlas the place is pale green and nameless. The river slips out of an unnamed lake†¦Ã¢â‚¬  (10-11).Patrick’s characteristics makes him seem sad or withdrawn from society, for he spends his time gazing out the window searching for bugs. Ondaatje exclaims, â€Å"He walks back into the bright kitchen and moves from window to window to search out the moths pinioned against the screens, clinging to the brightness†¦ Bugs, plant hoppers, grasshoppers, rust-dark moths†¦throughout the summer he records their visits and sketches the repeaters â€Å" (9). I feel bad for Patrick, that his only companio ns are the bugs flying around his house, in search for light.Although Patrick does have his father, his dad doesn’t pay him any attention, unless they are working together. Ondaatje says, â€Å"Hazen Lewis was an abashed man, withdrawn from the world around him, uninterested in the habits of civilization outside his own focus. He would step up to his horse and assume it, as if it were a train, as if flesh and blood did not exist† (15). It would be rough to grow up in that kind of unloving environment. It would be difficult to feel you had to earn your love.For Patrick’s father, only praises him when they are successful at work. For example, Ondaatje says, â€Å"They begin to run back home, looking behind them to see if the cow is following. The boy gasps, ‘If she goes into the ice again I’m not doing a thing’ ‘Neither am I’ yells his father, laughing† (16). The only part in the story when the boys Father demonstrates warmt h and kindness towards his son, is when they save the cow from drowning. The fathers introverted attitude, makes me question how he became so incredibly withdrawn from society.It makes me wonder what happened to his wife. Did she die? Is that the reason why he chooses to act so distant from his son? Does he remind him of her? Patrick’s absent mother also makes me question if that is the reason why Patrick is so quite and reclusive, like his father. With Patrick’s mother missing from his life and Patrick’s father uncommunicative, it causes him to live a very lonely, unhappy, and solitary life. 3. Patrick’s unloving and solitary environment is the reason for his unhappiness.

Thursday, January 2, 2020

Essay about Statement of Purpose for an MS in Computer...

I am very thankful for providing me this opportunity and it is with sincere sense of gratification that I pen down my brief statement of purpose. Striving for betterment and improvement has been my motto in all aspects of life and the same applies even to my professional and academic career. Getting to know what goes inside computers, the engines of the Information Technology revolution and knowing how to work with them enables one to understand the technology that makes it all possible. Understanding this, I chose to do my undergraduate study in Information Technology. While reasoning my intentions to pursue MS in Computer Science at your esteemed university, I would like to throw some light on my career till now. From my schooling, I†¦show more content†¦I worked on a project named â€Å"Forensic Application Aid† as my mini project and also a project on Wireless Sensor Networks at Bharat Sanchar Nigam Limited which is a Govt. of India Enterprise. I learnt a lot while doing this project. I did my major project on â€Å"Semantic PDF Web†, under the guidance of B.N. Ranga Swamy, Scientist ‘E’, TIC, Division Head at Defence Electronics Research Laboratory, a prestigious laboratory in India where only few get permission to do the project. In my project we have introduced an extension of the current web in which information is given in a well-defined meaning solving the limitations of the current web. Along with academics, I indulge myself in several recreational and co-curricular activities. I organized and participated in many technical and non technical events in CIENCIA, a fest held at our college every year. CIENCIA’12 was a huge success in which, I organized an event Quiz Casino successfully. I have attended various seminars given by professors of our college about various technologies. 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