Topic: Government Budgeting.
4. Examine the issues that undermine the implementation of objectives proposed in the union budget. (250 words)
Difficulty level: Easy
Reference: Insights on India
Why the question:
The question is part of the static syllabus of General studies paper – 3 and mentioned as part of Mission-2023 Secure timetable.
Key Demand of the question:
To write about the weaknesses in the budgetary system and measures to overcome them.
Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.
Structure of the answer:
Begin by defining budget and major objectives of budgeting.
First, elaborate up on how budget provide framework of achieving annual objectives.
Next, write about the weaknesses in the budgetary system and its implementation – budget estimates, Skewed expenditure pattern, Poor planning and lack of long-term perspective etc.
Next, suggest measures to overcome the above weaknesses in order to ensure that budgetary objectives are achieved.
Conclude by writing a way forward.