Classifications of Government Expenditure

Classifications of Government Expenditure The welfare of the people of India highly depends on the expenditure of the Government of India (GOI). Government expenditure is a very important aspect of the governments budget presented by the finance minister every fiscal. Through it GOI tries to maximise the welfare of the people by appropriately allocating economic resources to various government activities. Government expenditure can be broadly classified into four categories: Functional Classification or Budget Classification: In April 1974, the GOI introduced a new accounting structure in order to serve the requirement of financial control and accountability. Under this structure, a five tier classification has been adopted sectoral, major head, minor head, subhead, and detailed heads of accounts. Sectoral classification has clubbed the government functions into three sectors, namely, General Services, Social and Community Services and Economic services. In the new structure, a major head is assigned to each function and minor head is assigned to each programme. Each minor head include activities or schemes or organizations as subheads. Economic Classification: Economic classification of the government expenditure signifies the way of the allocation of resources to various economic activities. It involves listing the government expenditure by significant economic categories, separating current expenditure from capital expenditure, spending for goods and services from transfers to individuals and institutions, inter-governmental loans from grants etc. This classification provides a record of governments influence in each sector of the economy. Cross Classification or Economic-cum-functional Classification: Cross classification provides the break-up of government expenditure both by economic and by functional heads. For example, expenditure on medical facilities, a functional head, is split as current expenditure, capital expenditure, transfers and loans. Accounting Classification: Accounting classification of the government expenditure can be presented under (i) Revenue and Capital (ii) Developmental and Non-Developmental and (iii) Plan and Non-Plan. Each classification of expenditure has an objective associated with it. For instance, Revenue and Capital expenditure indicates the creation of assets by government expenditure and unproductive expenditure. Further, the developmental and non-developmental classification differentiates the government classification as the expenditure on social and community services and economic service from that against general expenditure. Similarly, the Plan and Non-Plan expenditure represents the expenditure on planned schemes of government and non-plan expenditures. The above classification of the government expenditure serves one or more of the purposes of the government, such as, parliamentary control over expenditure, economic development, price stability etc. Analysis of Government Expenditure in India The chart given below shows the division of government expenditure in terms of capital and revenue expenditure for some selected years. The percentage share of revenue expenditure in government expenditure has increased over time due to increase in expenditure in society welfare. The growth story of the India can be said in terms of five year plans which give an account of government expenditure during the plans. The first five year plan (1951-56) laid emphasis on agriculture, including irrigation and power, wherein the government had spent 36% of its subject on these heads. The second five year plan (1956-61) marks the foray towards industrialization with an increased government spending in transport and communication sector with an contribution of 28.9% of its expenditure. The urge for industrialization continues even during the third five year pan (1961-66) with 24% and 20% public spending on Industry Minerals, and Transport and Communication respectively. Fourth to seventh five year plans have social services of education, health, welfare sharing a majority of the pie with 24% and 26% expenditure in fourth and fifth plan. The eight five year plan (1992-97) commenced the era of fiscal reform and liberalization. There were increased efforts to improve the economic growth and quality of life of the common man. There were high public spending on the sectors like energy (26.6%), Transportation and communication (20.8%) and Social and other services (19.6%). The Ninth five year plan (1997-2002) focussed on the development of infrastructure by allocating 72% of the funds to irrigation, energy, transport and communication and social service. The tenth five year had an objective of atleast 8% growth rate by providing a boast to power sector spending (26.56%) and increasing social Community services sector spending to 29.27%. COMPARISON OF INFLATION BASED ON CPI AND WPI Consumer Price Index (CPI), is defined as the weighted average change over time in the prices of a basket of the good and services consumed by a consumer. While, Wholesale Price Index is defined as the weighted average change over time in the price of a basket of wholesale goods. Inflation rate is calculated based on the CPI and WPI as the percentage in the respective indices over time, generally a year. The calculation of inflation rates based on CPI and WPI form 1994-95 to 2006-07 is given in the table provided below: CPI and WPI differ in terms of their weights assigned to their respective constituent basket goods and services. Food has been assigned a higher weight in CPI (46% in CPI-IW) as compared to a weight of only 27% in WPI. As a result, the CPI changes more with the change in the food process as compared to the WPI. Further, the fuel group has a much lower weight in CPI (7% on an average) relative to that in the WPI (14.2%). Consequently, the variations in international crude process affect the WPI more than CPI. Also, services are not included under WPI, but are included in the CPI to different extents. Hence, the CPIs are influenced by the service price inflation. Considering the data provided in the table above, it can be inferred that on an average CPI-IW inflation is higher than that of WPI inflation. Also, in terms of WPI inflation the period from 1994-95 to 1995-94 was of higher inflation, then the inflation decreases and increases again in 2000-01 and then decreases again. It can be seen that the inflation rate, both CPI inflation and WPI inflation, follows a cyclic pattern.

End of Life Issues

After being diagnosed with debilitating diseases, such as one of the multiple forms of cancer or being in a Persistent Vegetative State, (PVS), many consider euthanasia to end the suffering of that individual. Euthanasia is defined as â€Å"the act of painlessly ending the lives of individuals who are suffering from an incurable disease or severe disability† (Santrock, 2012). The whole idea of euthanasia is to end the pain and suffering of a person instead of letting them go through the rest of their life awaiting a slow, painful, and oftentimes, undignified death.The act of euthanasia is separated into two main categories; passive and active, or â€Å"letting die† and â€Å"killing†, respectively, according to Ansari, A. , Sambo, A. O. , & Abdulkadir, A. B. (2012). Passive euthanasia is when a person is allowed to die by withholding available treatment, such as an individual not performing CPR on a person who suffers from cardiac arrest or taking a person off th eir artificial life support system, like a feeding tube or breathing machine.Euthanasia can be considered active when a person actively or deliberately gives another person a lethal injection to end their life. Another way to differentiate between the two types of euthanasia would be to say that active euthanasia occurs when an something happens to cause death to a patient and passive euthanasia happens when an inaction causes the patient to die. Physician-assisted suicide is considered a type of active euthanasia, which takes place when a doctor gives a patient a prescription or other drugs to let them to commit suicide.To further classify the term, euthanasia, it can also be categorized as voluntary or involuntary. Voluntary is when a mentally competent person makes the decision to die on their own without being coerced and made fully aware of the pertinent facts of their health. Involuntary euthanasia, (or non-voluntary) is done without the consent of the patient, such as when th e patient is in a coma, and the wishes of that patient are unknown.To combat any moral or ethical issues about a persons' decision to partake in euthanasia, or not partake for that matter, that individual should discuss their advanced care planning, or planned preferences for end-of-life care (Santrock, 2012). By evaluating how a person wants to live out the rest of their life, they can establish an advanced directive, or living will, which would indicate whether or not they wanted life-sustaining procedures used to prolong their life if death were imminent.Any living will should only be signed by an individual that is in a coherent state of mind and able to think clearly (Santrock, 2012). The ethical issue raised by active euthanasia is that it could be considered used as a way to rid society of elderly or terminally ill patients whether they want to die or not. Patients may begin to fear that if they go to the hospital for even routine exams, they might not leave because a person on the medical staff might deem them unable to recuperate from whatever reason brought them to the hospital in the first place.Proponents however, say that people are autonomous, that they have the right to make their own decisions about important issues in their lives such as death. An ethical issue raised by passive euthanasia is that it causes a person die slowly and painfully, instead of giving them the opportunity to pass away comfortably and on their own terms. The laws in Arizona state that any contributor participating in euthanasia would be guilty of one of the subheadings of homicide, being manslaughter, a class 2 felony, or first or second degree murder, both being class 1 felonies.The state of Arizona believes that life is very important and nobody should be able to take that right away from any individual, barring any medical emergency procedure. I believe that euthanasia has its place in society. While I do not condone murder, I believe if a person is dying from an inc urable disease or is in a persistent vegetative state where there is no chance of recovery, allowing that person to die painlessly and with dignity is more moral than not doing so.Although human life is a precious gift from God, I feel that it would be the duty of the patients' family and doctors to take all the information about the health of the patient and make the best decision for their loved one, even if the end result means the death of that person. Euthanasia has many angles to evaluate before a person commits to such an ultimate and final act, whether for a loved one or their own ending. A person

An Organ Of The Lung Cells - 883 Words

Your lungs are an organ that allows you to breathe in air and supply oxygen to the body’s tissues and removing waste. Normal cells in the lungs grow and divide to form new cells as they are needed. When normal cells grow old or get damaged, they die, and new cells take their place. Sometimes this process goes wrong and new cells form when the body does not need them. Old or damaged cells do not die as they should and a mutation in the cell’s DNA occurs. The mutated cell divides and passes along the abnormal gene to two new cells, which then divides into four cells with abnormal genes in each of their DNA. With each new mutation, the lung tissue cell becomes more mutated building up and forming a mass of tissue called a growth. These abnormal lung cells do not develop as they should; instead they begin to damage and destroy the healthy lung tissue that is present. Therefore they do not carry out the normal functions of the lung cells. These normal functions consist of ta king in air, circulating oxygen throughout the body via the blood, and picking up and moving all waste gases back out of the body. Lung cancer cells can be caused by the normal aging process or through environmental factors. There are several risk factors that may increase the chances of developing lung cancer. Using any tobacco products increases the risk of developing lung cancer, but cigarette smoking is the number one risk factor and is linked to about 90% of lung cancer development in the United States.Show MoreRelatedFunctions Of The Respiratory System860 Words   |  4 Pagesrespiratory system is to exchange oxygen and carbon monoxide between the body and the environment. Throughout the body are specific organs and structures that make the respiratory system possible. In humans, respiration takes place in the lungs. In the article by Kim Ann Zimmermann, Respiratory System: Facts, Function, and Diseases she explains how the series of organs in a person s body work togethe r to exchange the gases we breathe and distribute it throughout the rest of the body. This informationRead MoreHealth, Nutrition, And Physiology Essay1466 Words   |  6 PagesPhysiology December 4, 2016 Unaware cancer: Lung cancer According to our planet, right now, full of a variety of diseases which one of them can be cured and one of them can’t be cured. The incidence of lung cancer has a high actively rate of most people in the world, about 90 percentage of lung cancer comes from smoking, and another issue are about breathing air pollution and too much dust (or chemical) in some specific areas or careers. The risk of lung cancer is growing up each year because a lotRead MoreThe Human Body: One of the Most Complex Productions in the World1722 Words   |  7 PagesThe human body is, in its simplest observation, an extensively vast web of cells. The human body is one of the most complex productions in the world. Looking at just one part of the body such as the eye makes it apparent the complexity of the body’s makeup. The body is comprised of cells that come together to make tissues. These tissues fit together to make organs. The organs coexist to form organ systems. These organ system make up the entire organism that is man. The Nervous System is the pivotalRead MoreAssignment: How Two Body Systems Interrelate to Perform Named Functions657 Words   |  3 Pagessystem work closely together to ensure that organ tissues and systems receive enough oxygen. Oxygen is required for cellular functions such as cell respiration. This is so the body’s organs and cells can work at fully; it is done by releasing chemical energy with in stored foods. The air breathed in and held in the lungs is transferred to the blood. The blood is circulated by the heart, which pumps the oxygenated blood from the lungs to the body organs and returns with deoxygenated blood. EnergyRead MoreThe Function And Functions Of Homeostasis801 Words   |  4 Pagesstarted by a singular cell called the zygote cell; it contains all the essential factors for human development. The zygote cell subdivides into many smaller cells through the process mitosis. Cells are made up of plasma membrane which encloses organelles. Organelles are small organs which have individual and specialised functions. All cells with the exception of red blood cells have a nucleus, the nucleus is the largest organelle and contains the body’s genetic material. Cells are the body’s smallestRead MoreHow The Lungs Are Responsible For Both Ventilation And Respiration888 Words   |  4 Pages19, 2014 â€Æ' The lungs are responsible for both ventilation and respiration. Ventilation is the mechanical act of bringing breath into the body and expelling it. Respiration is the detailed work of lung tissue, using the air brought into the body, making it available to the body through the highly vascular lung parenchyma. Lung cancer impacts both of these functions. To understand the disease, it is important to understand the causes of lung cancer, the types of lung cancer, lung cancer disease â€Å"staging†Read MoreHow The Design Of Respiratory System Facilitates Gas Exchange?1366 Words   |  6 Pagesrespiration life is impossible. Respiratory System, consisting of a number of organs in human body which is taking the function of respiration. These organs include mouth, nasal passage, glottis, trachea, larynx, pharynx, bronchi, bronchioles, alveoli and last but not the least the LUNGS. Other supporting orangs are ribs, intercostal muscles, diagram and cilia. In the following lines, we’ll discuss in detail about these organs and their functions and how the design of whole RESPIRATORY SYSTEM facilitatesRead MoreFunctions of the Upper Respiratory Tract921 Words   |  4 Pages There are three major organs in the upper respiratory tract. The nose, the pharynx, and the larynx are all located outside of the chest cavity and play a major role in sustaining life. These three anatomical parts help draw in oxygen from the atmosphere to the lungs for gas exchange. However, these organs do not only contribute to the exchange of gases but also provide separate functions as well. The nose is the organ that projects above the mouth on the face of a person or an animal. The noseRead MoreLung Cancer : The Most Common Types Of Cancer896 Words   |  4 PagesTitle Lung cancer is one of the most common types of cancer, but more importantly, it has a very low survival rate. The sad truth is that nearly all cases of lung cancer could have been prevented, simply by not smoking. Mr. Ward is a perfect example of this in the case study. Having smoked for approximately 67 years, it was only a matter of time before he developed some type of cancer, in this case lung cancer. This paper will describe how lung cancer, specifically squamous cell cancer of the rightRead MoreOrgan Specific Cancer Treatments. Certain Advanced Cancer1068 Words   |  5 PagesOrgan specific cancer treatments Certain advanced cancer hospitals manage cancer in an organ specific way, and accordingly oncologists are reserved for treating cancers affecting specific organs only. Accordingly, oncologists have successfully treated breast cancer, head and neck cancer, gynecological cancer, orthopedic cancer, lung cancer, neuro cancer, and liver cancer. Understanding each organ specific cancer and the treatment available for it Breast Cancer It is the commonest of cancers affecting

Marketing My Company A Pet Resort At Paradise Boarding...

Marketing My Company The Company that I chose is a Pet Resort in Paradise Boarding. This type of Pet Resort offers daycare options as well as boarding options for Individuals beloved pets. My Company believes in a Cage-Free loving, playful and fun environment for beloved pets to stay while their owners in away on vacation or away at work. My Company does require all pets to have proof of updated, appropriate vaccinations and do not accept any aggressive breeds at all. This is to ensure the safety and well-being of the pets that stay here as well ensures the safety and well-being of the staff working at this Pet Resort. Our rates are budget friendly and currently only board Cats and Dogs of all breeds and ages at this time. This Pet Resort also has a large fenced in yard for Dogs to run around and play, as well as tons of toys for Dogs and Cats to play with. My Company will target many clients. College Students, Women, Men, Parents, Moms, Dads, Individuals who work or Individuals who travel for simple or even simply individuals who want to have a vacation as well as Individuals with disabilities. My Company will offer these individuals daycare and boarding options for their beloved pet in a fun, loving, and trust-worthy, playful environment. This will also help ease some stress off the Clients as well because they know they can trust our Pet Resort facility because we treat everyone, includingShow MoreRelatedExploring Corporate Strategy - Case164366 Words   |  658 PagesIntroduction to strategy Business environment: general Five forces analysis Capability analysis Corporate governance Stakeholder expectations Social responsibility Culture Competitive strategy Strategic options: directions Corporate-level strategy International strategy Innovation and Entrepreneurship Strategic options: methods Strategy evaluation Strategic manag ement process Organising Resourcing Managing change Strategic leadership Strategy in practice Public sector/not-for-proï ¬ t management Small business