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HUMAN DIFFERENCE!..

In an ancient temple, a number of pigeons lived happily on roof top. When the renovation of the temple began for the annual temple feast the pigeons relocated themselves to a Church nearby. The existing pigeons in the Church accommodated the new comers very well. Christmas was nearing and the Church was given a facelift, All the pigeons had to move out and look for another place. They were fortunate to find a place in a Mosque nearby, The pigeons in the Mosque welcomed them happily. It was Ramadan time and the Mosque was repainted, All the pigeons now came to the same ancient temple. One day the pigeons on top found some communal clashes below in a market square. The baby pigeon asked the mother pigeon "Who are these people ? The mother replied; they are "Human beings". The baby asked, But why are they fighting with each other...? The mother said "These human beings going to temple are called "Hindus" and the people going to Church are called "Christians" and the people going to Mosque are called "Muslims". The Baby pigeon asked, "Why is it so? When we were in the Temple we were called Pigeons, when we were in the church we were called Pigeons and when we were in the Mosque, we were called Pigeons. Similarly they should be called just "Human beings" wherever they go"? The mother Pigeon said, You and me and our Pigeon friends have experienced God and thats why we are living here in a highly elevated place peacefully. These people are yet to experience God. Hence they are living below us and fighting and killing each other. Received this post, simply loved it. Hence sharing..

BUDGET 2020

KEY TO BUDGET DOCUMENTS BUDGET 2020-2021 1. The list of Budget documents presented to the Parliament, besides the Finance Minister’s Budget Speech, is given below: A. Annual Financial Statement (AFS) B. Demands for Grants (DG) C. Finance Bill D. Statements mandated under FRBM Act: i. Macro-Economic Framework Statement ii. Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement E. Expenditure Budget F. Receipt Budget G. Expenditure Profile H. Budget at a Glance I. Memorandum Explaining the Provisions in the Finance Bill J. Output Outcome Monitoring Framework K. Key Features of Budget 2020-21 The documents shown at Serial Nos. A, B, and C are mandated by Art. 112,113 and 110 (a) of the Constitution of India respectively, while the documents at Serial No. D (i) and (ii) are presented as per the provisions of the Fiscal Responsibility and Budget Management Act, 2003. Other documents at Serial Nos. E, F, G, H, I, J and K are in the nature of explanatory statements supporting the mandated documents with narrative in a user-friendly format suited for quick or contextual references. The “Output Outcome Monitoring Framework” will have clearly defined outputs and outcomes for various Central Sector Schemes and Centrally Sponsored Schemes with measurable indicators against them and specific targets for FY 2020-21. Hindi version of all these documents is also presented to the Parliament. A web version is hosted at http:// indiabudget.gov.in, with hyperlinks, intended to make more efficient and user-friendly access to all documents. 2.1 A brief description of the Budget documents listed above is as follows: A. Annual Financial Statement (AFS) The Annual Financial Statement (AFS), the document as provided under Article 112, shows 9 10 the estimated receipts and expenditure of the Government of India for 2020-21 in relation to estimates for 2019-20 as also actual expenditure for the year 2018-19. The receipts and disbursements are shown under three parts in which Government Accounts are kept viz., (i) The Consolidated Fund of India, (ii) The Contingency Fund of India and (iii) The Public Account of India. The Annual Financial Statement distinguishes the expenditure on revenue account from the expenditure on other accounts, as is mandated in the Constitution of India. The Revenue and the Capital sections together, make the Union Budget. The estimates of receipts and expenditure included in the Annual Financial Statement are for expenditure net of refunds and recoveries. The significance of the Consolidated Fund, the Contingency Fund and the Public Account as well as the distinguishing features of the Revenue and the Capital portions are given below briefly: (i) The Consolidated Fund of India (CFI) draws its existence from Article 266 of the Constitution. All revenues received by the Government, loans raised by it, and also receipts from recoveries of loans granted by it, together form the Consolidated Fund of India. All expenditure of the Government is incurred from the Consolidated Fund of India and no amount can be drawn from the Consolidated Fund without due authorization from the Parliament. (ii) Article 267 of the Constitution authorises the existence of a Contingency Fund of India which is an imprest placed at the disposal of the President of India to facilitate meeting of urgent unforeseen expenditure by the Government pending authorization from the Parliament. Parliamentary approval for such unforeseen expenditure is obtained, expost-facto, and an equivalent amount is drawn from the Consolidated Fund to recoup the Contingency Fund after such ex-post-facto approval. The corpus of the Contingency Fund as authorized by Parliament presently stands at `500 crore. (iii) Moneys held by Government in trust are kept in the Public Account. The Public Account draws its existence from Article 266 of the Constitution of India. Provident Funds, Small Savings collections, income of Government set apart for expenditure on specific objects such as road development, primary education, other Reserve/Special Funds etc., are examples of moneys kept in the Public Account. Public Account funds that do not belong to the Government and have to be finally paid back to the persons and authorities who deposited them, do not require Parliamentary authorisation for withdrawals. The approval of the Parliament is obtained when amounts are withdrawn from the Consolidated Fund and kept in the Public Account for expenditure on specific objects. The actual expenditure on the specific object is again submitted for vote of the Parliament for withdrawal from the Public Account for incurring expenditure on the specific objects. The Union Budget can be demarcated into the part pertaining to revenue which is for ease of reference termed as Revenue Budget in (iv) below and the part pertaining to Capital which is for ease of reference termed as Capital Budget in (v) below. (i

Big Mathematical Event of this Century..

02/02/2020 Mathematically it is a big event. In this century there is only one such palindrome date which is expressed with eight digits, where you have the complete year number on the right” and the month and day can be swapped. (Put another way: Written as MM/DD/YEAR or DD/MM/YEAR, it’s still a palindrome. Contrast that with 11/02/2011, which in many foreign notations was written as 02/11/2011.) A palindrome is a sequence that reads the same forward as it does backward. The previous eight-digit palindrome like this was 11/11/1111, 909 years ago. We’ll only have to wait another 101 years for 12/12/2121, but the next one after that comes on March 3, 3030.

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