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Total Marks 5
Starting Date Monday, July 14, 2014
Closing Date Tuesday, July 15, 2014
Status Open
Question/Description

Introduction to Public Administration

Semester: Spring 2014

Graded Discussion Board No. 2

Topic: Budget

The main focuses of the 2014-15 Budget are overcoming the energy crisis, stabilization of the economy, developmental projects (construction of dams, purchase of locomotives, etc.), cutting down of non-development expenditures and enhancing productivity through new growth strategies.

Some Salient features of the Budget 2014-15 are following:

  • Fiscal deficit has been contained to 5.8 percent.
  • The allocation for defence has been proposed at Rs 700 billion and Benazir Income Support Program allocation increased to Rs 118 billion. 
  • For Diamer Bhasha Dam Rs10 billion had been allocated for the acquisition of land and Rs 205 billion allocated for investment in various power projects to overcome the energy crises on priority basis.
  • A programme has been designed to provide housing credit to low cost housing units to enable the poor to have their own homes. The banks will provide loans up to one million rupees for the scheme and the government will guarantee forty percent of the portfolio amount.
  • In the next five years 500 new locomotives will be purchased while arrangements are being made to obtain 1500 new rail cars to facilitate the passengers. Rs 63 billion have been allocated for higher education which is 10 percent higher than the previous year.
  • Through the auction of 3G and 4G technologies 900,000 people will get employment opportunities.
  • Pakistani rupee parity with the US dollar is around Rs 98 to 99 per US dollar as compared to Rs 111 to a dollar in December 2013 and Economy witnesses a growth rate of 4.14 percent surpassing the figures in last six years. On the other hand Inflation remained at 8.6 percent as compared to 12 percent during the previous government.
  • Government introduces livestock insurance scheme for all farmers getting finance for up to ten cattle.
  • For domestic electricity consumers, it is planned to collect adjustable advance tax at 7.5% on the monthly bill of above Rs 100,000.

Question

Critically analyze the above given salient features of Budget 2014-15 and elaborate its two negative aspects. Explain your comments with proper arguments.

Instructions

  • Your discussion must be based on logical facts.
  • Your answer should not exceed 200 words.
  • Your answer should be relevant to the topic i.e. clear and concise.
  • No theoretical definitions and explanations are required.
  • Obnoxious or ignoble answer should be strictly avoided.
  • Do not copy or exchange your answer with other students. Two identical/copied comments will be marked Zero (0) and may damage your grade in the course.
  • Questions/queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.
  • The GDB will open and close on above specified date and time. Please note that no grace day or extra time will be given for posting comments on GDB.

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Replies to This Discussion

plz Discuses here about gbd..........plz help us

Please Discuss here about this GDB.Thanks

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions.

 this is negative as advance tax is not good for citizens while energy is also not being provided continuously.Aik taraf advance tax lia ja raha hai and dosri taraf advance tax. (For domestic electricity consumers, it is planned to collect adjustable advance tax at 7.5% on the monthly bill of above Rs 100,000.)

This is also negative as we are already good in live stock and meat production so insurance to cattles is less valuable as this should be insurance for human beings. (Government introduces livestock insurance scheme for all farmers getting finance for up to ten cattle.)

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