Financial Administration in India

Paper Code: 
PAD 222
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Objective: To have an appreciation of financial System in India and to help the participants appreciate and understand the problems related to it in today’s competitive and globalised world/

Learning Outcome:

  • Gain conceptual clarity on Financial Administration in India.
  • Explain the concept of Budget and its economic and social implications.
  • Discuss the concept of financial federalism and gain clarity on centre- state financial relations.
  • Understand the role of international financial agencies in Financial Administration of India

 

9.00

Financial Administration: Meaning, Scope, Significance and Principles, Fiscal and Monetary Policy in India

 

15.00

Budget:  Concept, Economic and Social Implications of Budget, Budgetary Principles, Budget Preparation, Enactment and Departmental Standing Committees, Executives, Types and Techniques of Budget, Gender Budgeting

 

10.00

Parliamentary Financial Control: Legislative Committees, Center-state Financial Relation; Fiscal Federalism, Post Liberalization issues in Fiscal Federalism

 

13.00

Public Finance: Public Revenue, Public Expenditure, Public Debt, Fiscal Deficit and Deficit Financing; Monetary Policy and RBI, Functions and Role of World Bank and International Monetary Fund with respect to India

13.00

Accounting and Auditing, Comptroller & Auditor General Of India, Accountant General of India, Post Budgetary Control of Finance Ministry, Parliamentary Control, Parliamentary Committees, Finance Commission: Role and Latest Finance Commission’s Report

Essential Readings: 

·                     A Sarapa: Public Finance in India, Kanishka Publishers Distributors, New Delhi, 2004.     

·                     Manjusha Shanna & O.P.Bohra: Bhartiya Lok Vitta Prashasan, Ravi Books, Delhi, 2005.

·                     B.P.Tyagi: Public Finance, Meerut, Jai Prakash Nath, 1997

·                     G.S.Lai: Financial Administration in India, New Delhi, HP J Kapoor, 1987.

·  JK Thavaraj: Financial Administration in India, Delhi, Sultan Chand & Sons, 1996.

·  Andlcy, Sundharam: Public Finance, Agra, Rattan Prakash and Mandir, 1979.

· Ruddar Dutt & K.P.Sundharam: Indian Economy, New Delhi, S.Chand & Co. Pvt. Ltd., 1997

· M.Y.Khan and P.K.Jain: Finance Management, New Delhi, Tata McGraw Hill 1982

· R.N.Srivastave: Management of Financial Institutions, Bombay, Himalaya Publishing                   House, 1988.

· C.P.Bhambhri: Public Administration in India, Bombay, Vikas Publishing House, 1973.

· S.L.Goel, Public Financial Administration, New Delhi, Deep & DeepPublications, 2004.

Dutt and Sundharam: Indian Economy, Delhi, S.Chand & Co.,2004

Academic Session: