| 000 -LEADER |
| fixed length control field |
01007nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
220704b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Somanathan, T.V |
| 245 ## - TITLE STATEMENT |
| Title |
A ‘balanced budget’ for the times |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
Yojana |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
66(3), Mar, 2022: p.15-16 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
Budgets in a parliamentary democracy serve several purposes. Partly, they are an annual financial statement, a function which is routine but crucial; but they are also statements of policy intent. Unlike the private sector, governments cannot choose their customers-they must serve all. They have not the luxury of concentrating on “core competencies”-they have to do everything Parliament expects. They provide many things free-so demand is much higher than any feasible supply or affordability. They extract taxes-which are asunpopular as they are inevitable. For all these reasons, Budget-making is a hugely complex balancing act. – Reproduced |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Yojana |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
BUDGET |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |