September 2023

Introduction Government income from all sources is termed public income or public revenue, which can be categorised into two types : Source of Public Revenue Tax Revenue Non-Tax Revenue Tax Meaning – Tax is a mandatory payment made by citizens to fund public spending. It’s legally enforced, and refusal to pay is not permitted. Definition […]

Public Finance Public finance, a branch of economics, examines the government’s role in the economy, specifically focusing on revenue and expenditure management. It assesses how governments raise funds, allocate resources, and impact the economy to achieve desired outcomes while avoiding undesirable consequences. In contemporary times, the field of ‘Public Finance’ encompasses five major sub-categories, which

Introduction Uttar Pradesh (UP) is the most populous state in India with a population of over 200 million. It is also the fourth largest state by area. UP is a major agricultural state and is also home to a number of industries, including textiles, electronics, and pharmaceuticals. Issues Infrastructure: UP’s infrastructure is not as developed

Introduction Uttar Pradesh, India’s most populous state with over 200 million people, faces significant economic challenges, notably below-average per capita income. A major hurdle to its development is the shortage of skilled human resources, leading to high unemployment rates. Recognising this issue, the Uttar Pradesh government has initiated various programs to enhance its workforce’s skills.

Introduction The Uttar Pradesh government has consistently strived to improve the well-being and quality of life for its residents through a diverse range of schemes, projects, and planned developments. With a commitment to addressing various social, economic, and infrastructural challenges, the government has launched numerous initiatives aimed at enhancing the welfare of the people of

Introduction Uttar Pradesh, with a population of approximately 22 crores (16.7% of India’s population), benefits from a rich demographic dividend, a strong culture of handicrafts, technical expertise, entrepreneurial spirit, and a youthful workforce. Uttar Pradesh contributes significantly to handicrafts, processed meat, carpets, and leather goods exports from India. Trade & Commerce Trade involves the exchange

Introduction In economics, infrastructure is often called “Overhead Capital” or “Social Overhead Capital.” Sustainable Development Goal 9 (SDG 9) aims to create good-quality, dependable, long-lasting infrastructure, including projects that connect different regions and countries. The goal is to support economic growth and the well-being of people, with a focus on making these services affordable and

Introduction Article 202 of the Indian Constitution mandates the presentation of receipt and expenditure estimates of the state government for the financial year (from April 1st to March 31st) before the State Legislature. This is referred to as the “Annual Financial Statement” in the Constitution and is also commonly known as the “budget.” The Finance

Introduction The description of state budgets is derived from Article 202 of the Indian Constitution, with a process closely resembling that of the federal budget. In a mixed economy, apart from the private sector, there is the government which plays a very important role. The Government play three distinct functions that operate through the revenue

Introduction The Uttar Pradesh government is taking steps to achieve the challenging goal of turning Uttar Pradesh’s economy into a one-trillion-dollar economy in the next five years. To tackle this formidable challenge, the government has undertaken efforts to provide a ‘booster dose of investment’ to the economy this year. Uttar Pradesh, previously the fourth-largest economy