frenue tccount

Revtnue
enpenditure
aevenúe
Receipt
Cofiral
Calletien
f de bto
Tnome Non tones
from, Taxes Sebts anl thon
iakilites
tndiget .her
Tcomt ta Heciepts
"Corkorahtn "Envse Geti ing Deddeno
duy
"&tate cuty

tyfes 6o tancs ;

Drect tos:
Tncome
ß kind af rogresstve ton ond "& nposed on the busis

tem used
or poor and common mas benst:
>t fres ent it is m Jorg
Jorgest daurce
dource for
for onevnue wleton ofgort

t is to toget, f Central gort, it k mosed on he vorous

ingome f componies ond NG S, f prforhonde notire
cf inome
gort.
 on he jnome f commerial bonk hiovgh
interest hut olue to dow gaining hrough , t wos atoffedl
RO00 - o!

imjosed frogr ess ive ton on the unen'o us cnpenclthr

sto ppecl
bhecd but in 1907 , was inosecl on hase
Jnihally iu it

hotals ond nestourants frovrnd'ny foutlihes onel hoving

HOOm HEnt of more than 400 hut t also wos dofprd
RDOo-o! becoz Very do gaining

m þosed sutcession of proputy , it wos also wind of

progressive tan , Varied
1985 du e do ow gaining

mon communfcble assests e the amviled fomily

> llso nþased on the ncnt value of more -tho2 15dekh

mpasted Qs dubattute of wealth tao ond

gnitally i# was im
in þosed on donoN taJotee on it
as ezted
on the person Aho sis Hece
ho Hecie ving
ving he a! , hut Jaex on it
Nas cltoßed arnd no i aleited as part of ncome
ton.
 Açcelpt
(a) Tax Revenue
4) on ton 3, 30,631 (roTe
Revenu 3, 01, 650 CYoTe

& Cojpital Receipt

J6, 70, 816 Crorc
) alleh'onof debt
a Debt ond othe abiHes 23,0o0 Crore
6,o00 Crore
1Zi,8L6 (rore
U503,0q7 (rore
Totul Ensemitne 45,03, 097 Cre
G Revenue capnliture
35,02,1 36 GyoTe
" Payment y ntrst J47,77 Crore
Copisal p dlitsre L0,00, U4 Crore

Budyet defi~t =
atal nec eipts atal npeniiaye
H5, 03,097 H5. Os ,097

Revenue dofit Revenue Mec eis to - Rvinue Copseliturs

b9, 656 35,09, 136

FBcal olefit Revenwe neeipi

Collet on of debt totel cn fondithne
+
ohe s1eceipt

= /766, 6
 measwre taln by govt to mee! ou budyet
deft
tokirg faloniny dleps to meet out kudyet
defiit i
G To tako intunal Catunal doon.
3 o inenose the ate he a n es.
he

cuvseng
fContrlbutlon Tndiret tasss
,m 1961 64% MuHo. s ncliget tanes and
só% cf cireet
tones but t'l 1980 the
conti'buhon of ndireeh tanes
beome 4 and conti'kut'n of ireet tods emuin 16%,
>But 1490 onuord dihuatien dtarte d to
chunge onand thil
Ao20 contikution of ncliset taxes wemin 45% Mhilo
stanes `nereusSeS to 55%
Ogain cont rihuhn y ndirect fines
ond beesme 53-2% ond con ti
of bution
incrtuolo
cireet tanes deerecseo
ond beome
 Galan ce of Fayment Balance of aads
’ exfort omount ofof neton
aion egual to thembort
amount them th dtuat m s Ceelled Balonte f rude
nihile enfort armount is gr Cuten than nbort ben
called Qs
Fausuchle coinel Balane of rade.
inbort omount s morG thon enport omount hen
dituehon adise cwnçlitn af bularc
Tráde natio.

alleeicßts
the nchon intonnatnal an ane
egual to is Capenditure th en this cuied o
balone f fayment.
gteute than epn cliture then thi's catled
enßencure
Favouso ble conditen bulante of Paymen?
y But , . the cnkon dit1re it more than it Meceihjo.
then hio dity ation called ao, dvese wndn af
Balance f Fayment for that natn

Balonte f Tade Bntort Jmfort

Favo urable on" Enport >Tm port
"ddvese on" -mfort > bort
 Balonce of Tayment
favouTable. tond? - Rec'etts Ctniture
ddvorso Con! Enjendire > Ruepts.

» Bolonce of Poyment Memain fovouruble for the county

only for 1972- 1973, 1173 - J974. R0OR -ROas.

Exfort and mfort

Vsible
Tnvisite
enport and Impors f .Enfort ond Tn fort f
goods Setviies

Foreign Tradle
Current geount Copital maount
" Iaywment for goods ond do vces " Paynent or termton'es.
the ecoromle dynrey o
RoRR-
portiba'on of Much ona lys% Cxport woTth23,tndia
2%
hoving
poentago of caport o commgreial servit es wco ihile
ondl Ne ingluding mer affron H
it chndise onl sonie3 enports thonn
Gmd'a
Cnfort tortißahor monchoncise ond nport of senviee
> Acordi'ng to cunom dur y DR2-23. sthe porl
Sonvices o opbron $651 PLn ond enfont seites afbrox
$330BiUon.

gnd'a 7
no in the cafort of
od doices.
OUr utul
ttul infort peralum is at she opn f t,
uhile n enpot
cxþort setor
onpieeing eads ane no.1, henoft
fet roteum,hondiczalt fessls ond fewlovy onl 4m ds
chomical cloheo ond tentileo s at sn no.

Eountry Embost

Gemny
Nehe Jomd!

/3

44.47, 63%
UAE
75%
Chng.

6»

EIndonesia

6 Jopon 3%

dy Qatar
 8%
- 5oulh fa

- orth dmenta
7%

Change
The
n n Natux Foxen rade h Tnda:
motre f foreign. trode s honging a dot n
diffenente ospet
The 1st and foremost chonge aiies thet at he tme f
indebn dence and oten
oflex t Mahs ow mateial
in butk in combarison to
"> Buut thts
monufottured good.
hove she Jorgest setor
of enfort n engineing goods.
engin eeugg good s enport s moe due to
demand 4n tildle tas? countries
inrees n
Countrias due too Moods, torts,
Hailwas, training matrument et
enport dtrudire ahso neresoc due to divensifiution
f Fncion on0my , do that nportone f non tracihonal
geods is inoreae'ny.
Tndia having cahaity to dto she ocvontuye of atsote
tatees ond fevouroble dituat'on oltorcl'ny to he
de mon c of nternafonal dtuatons
,n Gndi'a mony goods . Ahune js ente me cabauity
enfort ike hondicraft , ngnee ving goodlo , otehud clotheo e.
 agicutural oli'ay hee is
he
undet
more fous on broessed agriauthrl gool ike r

"Ghough sOme of the criort heod

the countray duh os Tea.Iron dteel
foint of wrong or
Gnd kect7en gools t
kut dhu sthe growm f bant'oat, chemicals Fthing
comm endoble.
>In efenence to ditehn also , heit a chonye
nature , ne to tine te lactusted so.
Tu odeßendend,Jnd'a bovtng odto hove Helationhib
with europe n foreign trude due to wkiih Inha' os
a

Gu 19so - 51, noli'a trade of

onel Innport
Gnel
from
ta huving 4 more thon oy of enport
uroßean count rieo , grodualy decread
tll /992 OuY Cnport ws &54 ond inbort as 33%
»ur enßort and Tmfert uih sian ountr'es has
increosed
Ton s950- 51 belos 10%.
t the hine of independene , he trade ith foren
countries nominal keet due to foun on
0n afrtan poliy
cur taoti'g ahvinis ith fuion
Arion countaiis bore inereased ut

in J950- 5I ; tll he decade of s990-1994 was inrccod

Onel beome almost ao
to decre osed oned
 Lntematienal lonetar Funds
fst founded by Britain
ils bosiù bjed and unh'ons wete folowing :
70 promole internahnol monetony -orkrahion bo
Balente development ef Jntenahonel Jrode
to hove aobtization olof enehonye te y wroeny
o pro nde assistonce in aie any hurdle maintaining
Case

the baone e puyment

meching of 44 lountries were caled at
Bxitain w0Ods

f membes naution srqp tid, eoch membu

naton hoviy One govrn ond one altenutve gorenor

mem b bo ountry hoving R60 votes or mtmbvshp ond

they ore egual for all the membu neton kut eod
mm ben natien heove addiinul voto on eah /kah sDR
of oddinenal defosit
oy SDR a on attountont ureny of TME and eoch
trons achon

S"D. R- dpedel drainy ghts

> InE hos dided 4 connstit1tncey
sti~1ency , Tnd'a a nela ciny it conahatnuy
uth Bonglo desh , srÌhonka Bhton.
 Wortd Bank
Tnternahienal bonk for tneOnstTurt'on
also
onl deveobrnent

Wordd Bonk

formedl Os dupslmntntry
o ior ld bonk hoving obiet ol o orronge the dong Jerm
tern
Capitul for eco nomi onatructhon ond deveoment .

90 hovo Ocquitablo monsgment fo snternahnal trode

ond to promoto foraign god trodeo
Zt bromaling capral inuastment ty fro vicb'ng
gayrontee o
duh invast mnt ,froring tofial to dienent objut to membee
nation.
NO countoy may beeome the memb of wo 1/ bonk
alone by
beoming the membot of ImE, a country
auto mattally teome
dewme the mntnb vt of Wordd
bink.
> lordd Bonk horing
Cupita nat fhom the money faid
Buid by mmbu nahon ond
total pymont by membun nuton 2% must n ethen
wn formn af gulel and SDR onl 1d% fn the form of
Kle Mest
ther cu7ency while est oBo aeoTding
atoTding to sagu'rement of
ADTJd bonh

»Gnd'a 3 zn dorgest shoroholdeto of ardd Bonk.

+Gomfonents_gf Wodd
NorlH tonk :
> Jordd bonk grouk ncluded falloutng faskhtion :
t TeRO Tnternehtenal Bonk for Aeortruhon 6 Develybrment

human development iko Prouding koon f hasing , femily

bluning gz heath , muy húman developrmant
2ntemahnal Dereloément gengy
ounded un 1960, s also enown Sft koon
windon . of Wordd bcrnh
-Soft ko an indow -
J loon then ky countuy or mon50yedns
and irst so yeat there ds n0 ntrest Mute and nent HO
year ohogo os moeintinne tono

Internat fonal inange Co-ofrahon :

founled on J956. T MOs calUecl Paivute Nm
branch of uorld bunk
Cmns bronch provling doon to difHsent krrate amforto
commtrucl sto sntrast

y Muthterl Invest ment Guarontto ncy

proiding juonontee or non commeHal ish to

Snvestment diffeorent OUntny
5. IIDSc: Internationel Investment Diipde Setlement Centre
G founded in 1966 rough membevship f hi' tentre is
qhtomal
 One , a country buome ts munbex then he deuson f
his orgonisotion foreable to thú counhy

Bantiný sytem
Dilecp Mendes in Tialy duriny 1sm tntny storted borking
.sytom
, In ndla, 1 bonk st yb n J770 Bonk of Minduston
hen aweu s freidenoes bonk 4os formed
Bonk f Bengal i0s

Bonk of Modras /6H3

Gt. Bonk in uhh mony was invested ky inelians uadh
Comm eréal Bun n 16EL .
Tt bonk hith hove comklete intestmtot ond oheration
from Indons NOs PB n J844
In 192t, Tonporial Bonk f
Incdia
bonk ond merying them ond converted to frasideny
6tute tbonk of
un 1955.

> RBI was setub on the te comm

Commite dce to ReI at of
endaion o Milton oung
1?34 bd its dtortec
oberaton 0n 1 Abril 1935 dc to gorto at 195.
 es sborn smith WOs

Gs finst Indion Jorornon NOS Co Deshmukh qfainted

n huguct J908.
# Venkat Roman tho only tresident ho adso the
'on rohon singh was the ony Pr
Hho the goveHnor RBI.
’ Major fune tion of REI :
Pinting of nreny ond isatng offcneny
o Work o the
bonke of gorernment
Work as bonkee the benk
Prodct ion f orugn
Credit control ond to urrny
deide he mon etony poliy
tigde) Hate.
onage she gricultre finanng , Tndustrial fnning
o
ben morket tivity

fold dtandatd:
country hes to teep reseHVe he
omount of goll gaunst
the cwrreny caled as he Gald attondard,
Sn India initially
froporhonute HeseVe fund eysen but moo ito
isuing fom 1947 fron Minnum Mesenve fund dysem.

ond now any Omount f Ureny wos riat oul

 RBI having control bonk n nefenenio to license
to othu bank to seet branh emit to bunho

» Unler one ton Bliy

4 Bonk fiate:
"> gt uS he Mate of oterest alectecl fy er on he doon
brovided sto tommerial bonk ond doting interest ef it

heMate of interest ollected by RBI On the additionel

Joon providing to commruial banh.
a Revese Refo nate:
when eTulah 'on f mony nthe mohet nre Gscs n
manmCY then Rer
RBI ssui'ng bond sn she
monet thro ugh ohe bank end
ut. t
paying interest on
s calted as Revense Reßo Yate.
y bash Reserve Ratlo:
>ach ormmerual bonk bas t
kecp HeStVe certa'n
per cent age a its total debast with RBI, Y is
tulled
CRR

o Coch eom monial bonk has to keep defot rtun forcentaage

of tatel olefosis ídth ass eto it is called Qs SLR.
 &Base Rate:
o. t & to delore
Syottm adopred in Rojo.
minimum Hate f nterest by bonhs

Won Sanpng Tindng Co Bitontêns

" er has gutde dine for Non Enkny fironte tht
uhen the comerted to bonk
combany
but any mon
bonki'ng
inah'huthon hith is conda chiny saoning ond defasit otitis
to she beoßle n
the comty
heso aIe he brirate
orgopisatin mot govenment and hy
they
Megulatd by RBI
ReI ond nuntain CRe SLR
Can not qben soving 0u0unthy art nod
ocekting demond de posits , hey conno sue choguer
> Grnerally , NOFO hore funting to bonks byt no9 Ror has
femitecd NOFOS to oceßt the depasis .
o NBFO must hone mfnimum
worh ofRo0 C1, t showt
romoted ty big insustr'al fomily., t houtd mot cinder
Conrol
by ony gort body they mut havc dAA Mabing
ust frevou yor before offyig for bun a bonk.
 * She uded Bonk:
> dche dude bank a bank
sihedule of RBI by Jows ond hoving mininun bed uf
Copital of 5Jakh.

Time to tme dferent comni, ttee ore setyt for

eLomnendaho
bonting detor dome of the promienl commitHces. 01e :
co Nachket Mor Commi#ce - hbornted n 2OM.
neomnended for bonk acount for eveIy
odt
Bank broneh showd be avaidable at evoy
at a distance borl of country
y 15 min hy
foot
connet bonk aaddhar
for mal trocde faynent bunto must open
and oor beson"
o, FYnonial helt must
be thenc in Alaoblo of campten ef doon
for dho form ens.
Before that some othu
auna (0mm itee :
committees wene detup duoh as
The He eOmmn ended for dead
bonh schene or local
pupases
detub .in 1992
Au the nelaoton in bonk'ng
Committee.
dystem are
dgyested