Is the Budgeting Exercise of any Use?

Budgeting means to allocate the funds premises to every sector at the year base. Its aim very good to maintain every sector, and gives priority to each sector according to growth and dependable people, but these days it maintenance is very critical because funds allocated percentage written only in books fail to implementation, its is bane for our growth.

Budgeting is very much necessary as it is a quantified financial plan for a forthcoming accounting period.

A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.

According to my view is that budget is very important and necessary for improving economy and development. As per my knowledge budget is prepared for spend the money for maintaining and development also. Budget is distributed according to economy and development for each and every sector. Budget is maintaining the financial resources and economy also.

You know that India is developing country so that's why budgeting is very important for country future development. Budgeting means budget is distributed to each sector per year.

Budget, though we take it as an yearly affair of which we hardly remember anything in the following months actually from a common people's perspective it's all about price change of daily life product but from the national point of view it creates future path. Budget doesn't only show the last year's data but also provide a chance to rectify the faults. Even in which regard the future policies should be planned is being decided based upon the past data.

In other words along with future planning it gives as the chance to self improvement.

Budget is very important for any nation. For estimate GDP and clear the financial problems of some sectors.

In yearly budget amount infused every sector and this amount should be utilised perfectly. Not any frads.

Main use of budget to undeveloped sector many amount allocate and encourage these sectors for debeloping.

Yes budget is most important for example one family man he is working in sugar factory he middle level so he should plan the each and every family expenture and inditual expendure and future expendure then only aviod some problem. Yo must plan for every work then only achieve your goal and live happiness.

I think the democracy is making the country hollow from inside the rights given to ministers and also the citizens are misused. Any body can say anything and after giving it a name of my views do not interfere or right to speech I think this is not correct it's time that we should think about it more deeper.

What is the need of students in a university to indulge in protests or in politics. This is misuse of democratic rights. People can do anything now, we should delete the word self discipline because it is not present in Indians after learning many lessons.

In a democracy the real motto of politics is like divide and rule policy. So really we are not modernizing we are going into the history. The time has come to follow any laws (some) of china, which is communist country, but still progressing with great speed and the people there are not living with fear of the government And they (ministers people in china) are given rights and freedom that much is required and which they deserve not like democracy free to do anything anything means anything no limits.

Budget comprises proper planning of the government and detailed report of from where revenue will be generated and where it will be spent. Thus government if prepares a sound budget then it clearly outlines the growth and future development and the rate of development. It also enables the individual business entity to frame it's policies and taking into consideration the taxation structure and other new rules. It also allocates enough space to decide where the money should be spent and how much. Thus it is important to go for budget.

Budget is one of the most important thing to improve a country's economic growth. People have to accept and co-operate with a government for this budget slot. Because budget is not a easy thing to create for a whole country. So every citizen have to consider the government rules and regulations and the government must help to avoid the corruptions then poverty.

Hello Friends,

I believe that making a budget is very important. It is same as a family plans it for there future. Government should plan it in such a way so that it could have overall equal effect on all categories of people or society. Government should also ensure that corruption free rules and regulations should also be implemented.