[Lecture] Economic Survey Chapter 1,2,3 & Budget- Taxation, Deficits, Subsidies MINUS Schemes

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Pavan Kumar
  1. Prologue
  2. Part 1: Overview of Economic survey
  3. Part 2: Budget Taxation part
  4. Part 3: Budget Subsidies, Deficits
  5. FAQ

Prologue

My lectures on youtube, for the current Budget and Economic Survey. First lecture covered following:

  1. Economic Survey 2013: Chapter 1, 2 and 3
  2. Budget 2014 MINUS Scheme, because I’ll cover scheme under their respective chapters.

Total length: 2:20 hours, hence video split into three parts.

Youtube Playlist Link: click me

Language: Slides English, Speech Hindi. @South Indian friends, of course I will release English articles soon.

Part 1: Overview of Economic survey

Economic Survey Lecture 1 Part 1

Link http://youtu.be/0FEsZKJRsfY

Full list of Topics Covered in this Video:

Overview of Economic Survey 2013

  1. How does government prepare economic survey?
  2. Why should we prepare economic survey for exam?
  3. Overview of the chapter 1 to 13: which ones are more important for the exam?
  4. Basic of GDP, GDP Deflator, GNP, NNP at Market price, Factor cost and National Income, National Disposal income.

Chapter 1: State of Economy

  1. Structural constrains, GDP growth decline reason, Future outlook for GDP growth.
  2. Ascending descending order data for various sectors of Economy.
  3. Total Savings rate, investment rate- Assertion reasoning MCQ.

Chapter 2: Issues and priorities

  1. Financial repression (details given in third video)
  2. Productivity commission (details given in third video)
  3. Reforms in taxation, budget making process (details given in second video)
  4. Reforms in Factor markets (land, labor and Capital market)

Part 2: Budget Taxation part

Lecture ES L1P2

Link: http://youtu.be/uIzJ3Pt65MA

List of Topics discussed in this part:

  1. Funds: Consolidated, Contingency and Public Account
  2. Budget classification
  3. Direct and Indirect taxes of Union and States
  4. Difference: Cess vs Surcharge
  5. Difference: Gross vs Net Tax revenue
  6. 14th Finance commission terms and references
  7. Budget 2014 provisions for Direct and Indirect taxes
  8. Ascending Descending order of various Taxes
  9. Taxation reforms points from Economic Survey Chapter2 and 3

Note: Capital part and Deficits covered in third part of the video.

Part 3: Budget Subsidies, Deficits

Lecture ES L1P3

Link: http://youtu.be/ZUPDpqnSFeE

List of Topics in this video:

  1. Sources of Non-Tax revenue
  2. Revenue Expenditure: Ascending Descending order
  3. Subsidies: Issues and reforms given in Survey Ch2
  4. Fertilizer Nutrient Based Subsidy
  5. Capital Receipts and Expenditure
  6. Plan Non-plan budget
  7. Budgetary reforms given in Survey Ch2: Feedback Loop, Productivity commission
  8. Deficits: Fiscal, primary, revenue, effective revenue deficit- their Formulas and figures
  9. FRBM Act targets
  10. Financial Repression: Meaning and effect on Indian economy
  11. Public debt Management authority PDMA: why needed?

Note: Budget related Scheme will be discussed during the respective chapters on Economic Survey e.g. Agriculture, Human Development etc.

FAQ

Q. Have you opened your own “coaching factory” in Delhi?

Ans. No, this is being done at SPIPA, Ahmedabad. It’s a Gujarat government organization that runs classes. There are similar bodies by Maharashtra and Tamilnadu government too.

Q. Where can I download PowerPoint slides of your lecture?

Ans. https://files.secureserver.net/0fzRqIv71qNX5Q

Q. What about the videos of remaining chapters?

Ans. Next lecture is on 22nd Tuesday. So with God willing, by Wednesday I should be able to upload the next batch of videos.

Q. Will you publish “text” articles or not?

Ans. Yes certainly.
Economic survey has importance in both Prelims and Mains. If this budget -survey had came in February itself then I’d have gotten sufficient time to cover both angles at once before prelims.
But at this junction, If i try to cover both simultenously then exam will be over before article series is over!
Therefore, in these videos, I’ve tried to priorities all the MCQ worthy points. In the “text-article” I aim to combine both MCQ worthy points + mains-descriptive points, so it’ll take time.

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242 Comments on “[Lecture] Economic Survey Chapter 1,2,3 & Budget- Taxation, Deficits, Subsidies MINUS Schemes”

  1. plz sir provide the text format requesting u plz…..

  2. thank u so much sir…..you r the best.
    plzz help me understand REITs …..

    1. Dear Kitu,
      I am not an expert on economy. But as per the information collected from newspapers, REIT i.e. Real Estate Investment Trust acts on the lines of mutual funds under which REITs will mobilse/pool funds from the public (and of course issue them some receipts regarding this) and invest the amount in real estate sector (both residential as well as commercial). The rental income earned from these properties will be used to refund the investors with their profit. There will be many benefits by this: 1) This will provide real estate sector with necessary funds 2) Small investors can invest in real estate (although indirectly) and reap the benefits as the minimum investment will be as low as rs. 1 lac. Otherwise, considering the unaffordable costs, they can only dream of doing so. 3) As developers will get the necessary funds, it will ease pressure on Banks and help in bringing down interest rates.

  3. sir, thank u very much for helping us. sir. sir,if the videos are taught in english, it will be helpfull for non hindi speaking students. so pls help us.sir. those non hindi speaking students.

  4. Hi mrunal sir am a regular visitor of u r site sir and am preparing competitive exams by u r guidance and my request is sir will u please upload the union-budget 2014,economic survey2014 and railway budget in english sir please……

  5. Hi sir please upload the materials for rbi grade b officer 2014 sir please and i was appeared last year i was unable to crack the prelims and i have applied this year sir please tell me how to prepare and books for general awareness for rbi grade b officer 2014…

  6. any one guide me how to downlad video lectures???

  7. I am unable to download the PPT on economic survey, it is showing microsoft power point office version to be purchased, pls help me

  8. Mrunal sir pls write an article on SBI assist. Soon . .

  9. sir unable to download slides plz… plz help…u r my only hope…plz help

  10. sir plz guide me….I have seen YouTube lec but to make notes some portion was not clear in that …..and banking license ppt …kha se download karni hai..as I m unable to get even those ppt for which u have posted link….they r not even operating online

  11. With reference to Slide no. 39, Part 2
    In what cases service tax is exempted?
    travel company providing
    I) foreign trip package to foreigner
    ii) trip to India to a foreigner
    iii) trip to India to a resident of India
    iv) foreign trip to a resident of India

    Please reply. Thanks :)

  12. sir, please upload english article before prelims.

  13. Sir, Please upload the remaining chapters…bcz 3rd of August i have RBI grade B.If you upload the lectures before 3rd than it will be a great help for all the RBI Grade B aspirants…Please…..

  14. Sir,please upload the remaining chapters before 3rd for RBI grade ‘B’ exam…

  15. It would of great service if u could mix English along with Hindi in ur lectures …
    Kindly , consider our request

  16. Hello sir….
    Whn u will b uploading next vedio of eco.survey…..frm chapter 7 onwards….

  17. Sir how can I download this page as PDF in my tablet.
    I tried many times.while I have crime also.
    Please sir reply.

  18. For non hindi speaker its difficult sir.. pls upload written text as soon as possible

  19. Sir plz reply.
    I HV crome browser,BT I didn’t download ur PDF in my tab.
    Plz help sirrrrrrrr

  20. Really helpful dear MRUNAL……………..m preparing for CSE 2015 and started following your site………………m preparing on my own n dis is all bcoz of ur precious guidance and after reading toppers interview…….presently m working in a PSU at a good position……but somehow got introduced to UPSC n landed on ur site….i was mediocre student(62 % in 10th and 52% in 12) but still i believe i can do it , let it take 3-4 years, n all dis bcoz of ur site…………..once again thnks n keep it up………….

  21. Hello Sir

    The slides link that you have posted is not opening. Please help Sir.

  22. sir when r u going to release the economic survey and budget lectures in english language

  23. slides for 2nd and 3rd chapter is not found in tis site https://files.secureserver.net/0fzRqIv71qNX5Q, plz help…we ppl from south rely on ur slides for economic survey preparation as ur lectures which are in hindi are not understandable by us. Plz do upload the slides for all the chapters…….tis will be most helpful

  24. YOU R DOING GREAT JOB, KEEP IT CONTINUE.
    YOU R NEARER TO GOD THAN THOSE WORSHIPING IDOLS

  25. I’m from south India sir, When the article or videos in English will be published.

  26. what is the meaning of a “flagship programme”

  27. HI Mrunal,

    I am very eagerly waiting for your Economic survey analysis article in english. Kindly request you to make it available within this week.
    cant a subtitles can be created with that hindi versioned you tube vedio?

    thanks.

  28. sir..plz provide text format…

  29. What should be score to qualify preliminary examination n how to get it?

  30. sir, kindly tell- Ist I should read dirct econmic survey chapter & then these reference? pls guide

  31. Sir, please provide the text material of the above video lectures, becoz of slow internet speed. Please revert back soon.:-) :-)

  32. Sir,kindly requesting you to upload the video in English also.This will be more helpful for the Aspirants coming from mainly south.Sir,you are doing very nice job helping lakhs of Aspirants preparing for civil service exams Thank you very much for that.Sir,please do immediately my consent because most people from south cant know Hindi.so your effort want to reach to all sir.thanking you.

  33. Sir, Pls. guide on Income tax laws in India and rebates under sections. Also kindly Enlighten on New Pension scheme and its implications.

  34. in these lectures econome survey of 2013 lectures are given. so do we have to read those lectures too for 2015???? lz any one tell me????

  35. mrunal bhai please procure your lectures for downloading also beside youtube since a great chunk of suburban and rural guys have slow data connections whch make it difficult watching it conveniently.
    so do it at the earliest please………….

  36. Sir will a similar video lecture series be prepared for the latest Economic Survey?

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