Budge example sentences

Once the Lok Sabha passes the budget of the government or any other money related law, the Rajya Sabha cannot reject it.Budgetary control is a technique of managerial control in which all operations are planned in advance in the form of budgets and actual results are compared with budgetary standards.Managers must remember that budgeting should not be viewed as an end but a means to achieve organisational objectives.Economic planning, including five year plans, annual budgets, and so on.However, the effectiveness of budgeting depends on how accurately estimates have been made about future.The budget, it has been argued, reflects and shapes, and is, in turn, shaped by the country's economic life.If an increase in government spending is matched by an equal increase in taxes, so that the budget remains balanced, output will rise by the amount of the increase in government spending.64% in 1951–52 to 98% in 2002–03 (Budgetary estimate).For instance, sales budget cannot be prepared without knowing production programmes and schedules.Cargill is now the largest producer of edible oil in India, with a capacity to make 5 million pouches daily! In fact, many of the top MNCs have wealth exceeding the entire budgets of the developing country governments.Budget documents classify total revenue expenditure into plan and non-plan expenditure.Along with the budget, three policy statements are mandated by the Fiscal Responsibility and Budget Management Act, 2003 (FRBMA).Budgeting is also used for achieving coordination among different departments of an organisation and highlights the interdependence between them.Personal observation, statistical reports, breakeven analysis and budgetary control are traditional techniques of managerial control.Every year you must have heard the government budget being presented in the Parliament.