An Economic and Functional Classification of the Orissa Government Budget 1983-84

Abstract

From Preface: The fourteenth annual issue of the Economic-cum-Functional Classification of the State Budget 1983-84 has bean prepared In Public Finance Division of the Bureau of Statistics and Economics. It presents both Economic and Functional Classification of the State Budget along with the methodology and concepts used It also indicates the trend and impact of Budgetary transactions in the flow of income savings and capital formation. The reclassification of the data presented in the Budget document has been attempted In a set of six Accounts. The Economic classification attempts to rearrange the State Government's Budget Into economically significant categories with the object of assessing its impact on the rest of the economy. The two-way cross classification table where both economic and functional classifications have been combined aim at enhancing the utility of economic classification It is hoped that this analysis will contribute to a greater understanding of the budgetary operations of Orissa State Government.