- Prologue
- Part 1: Overview of Economic survey
- Part 2: Budget Taxation part
- Part 3: Budget Subsidies, Deficits
- FAQ
Prologue
My lectures on youtube, for the current Budget and Economic Survey. First lecture covered following:
- Economic Survey 2013: Chapter 1, 2 and 3
- 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

Link http://youtu.be/0FEsZKJRsfY
Full list of Topics Covered in this Video:
Overview of Economic Survey 2013
- How does government prepare economic survey?
- Why should we prepare economic survey for exam?
- Overview of the chapter 1 to 13: which ones are more important for the exam?
- Basic of GDP, GDP Deflator, GNP, NNP at Market price, Factor cost and National Income, National Disposal income.
Chapter 1: State of Economy
- Structural constrains, GDP growth decline reason, Future outlook for GDP growth.
- Ascending descending order data for various sectors of Economy.
- Total Savings rate, investment rate- Assertion reasoning MCQ.
Chapter 2: Issues and priorities
- Financial repression (details given in third video)
- Productivity commission (details given in third video)
- Reforms in taxation, budget making process (details given in second video)
- Reforms in Factor markets (land, labor and Capital market)
Part 2: Budget Taxation part

Link: http://youtu.be/uIzJ3Pt65MA
List of Topics discussed in this part:
- Funds: Consolidated, Contingency and Public Account
- Budget classification
- Direct and Indirect taxes of Union and States
- Difference: Cess vs Surcharge
- Difference: Gross vs Net Tax revenue
- 14th Finance commission terms and references
- Budget 2014 provisions for Direct and Indirect taxes
- Ascending Descending order of various Taxes
- 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
Link: http://youtu.be/ZUPDpqnSFeE
List of Topics in this video:
- Sources of Non-Tax revenue
- Revenue Expenditure: Ascending Descending order
- Subsidies: Issues and reforms given in Survey Ch2
- Fertilizer Nutrient Based Subsidy
- Capital Receipts and Expenditure
- Plan Non-plan budget
- Budgetary reforms given in Survey Ch2: Feedback Loop, Productivity commission
- Deficits: Fiscal, primary, revenue, effective revenue deficit- their Formulas and figures
- FRBM Act targets
- Financial Repression: Meaning and effect on Indian economy
- 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.


kudos 2 u mrunal sir..
Thnku so much sir…v well explained..thnks again
welldone sir..!
you are indeed an addiction now..
Great work sir!!keep going!!
Video lectures..!!
Awesome sir..& thank u soo much mrunal sir for the great work..!!
Thank you for this series.
Sir, CAPF analysis please. UPSC’s love for Buddhism & philosophy etc was replaced by current ‘affairs’.
Thanks sir. Thanks visiting SPIPA…It was once again awesome experience to live-learning from you @SPIPA.
Great..!! btw can we know where are these lectures being held?
Dear B,
This lec. are being held @SPIPA – Ahemedabad. A dream place to study, preparing, and “to be there” place for UPSC aspirant in Gujarat.
Hiii I m from ahmedabad nd plz if u dnt mind thn forward me some useful material or link which useful in UPSC.,,,
Thanx a lot Sir…..
Sir,Have u started coaching kinda thing .In your ealier youtube videos there were no students and it was simple classroom and in this video u r with big projector with dont know how many students .Is it some kind of Gujrat govt initiative to deliver free lectures to needy students
No, this is being done at SPIPA, Ahmedabad. It’s Gujarat government body that runs classes. Similar bodies in Mumbai (SIAC) and Chennai also.
Dear Mrunal ji
Being a regular follower of your blog, i request you to present your lecture in English. Since i am from non-Hindi state, i am finding it slightly difficult to follow.
Thnx in advance,
sir, is spipa ahmedabad open to all or meant only for gujratis?
Sir plz dont take my comments negetively i can just watch u teaching for hours and more text reading :D
@mrunal- the dark knight quote in reference to some comments : a man either die a hero or live long enough to see himself a villain.
its not from dark knight , its from shutter island !!!
no its frm Dark knight quoted by Harvey Dent….chalo abhi padhai karo
Class room … ……”..????
Kaha le rahe hi class sirr ji…
Sir you are fabulous and so were the videos. Thanks for this initiative and uploading them.
All I wish was that if I could be in the audience. i have read many of your articles and have been benefited a lot. So being taught by you live would have been a memorable experience. Pls let us know how we can get a chance to sit in the audience.
Kudos Sir. :-)
Ur work was, is and will always be appreciated. Thank you.
Awesome!!!!
Thanks Sir!
Kripya hindi bhasha me bheje
It’s. great…. work, really extreme great work
Aapko sat sat naman… U n ur work is itself Biggest Motivation for any adpirant.. Thank u very much sir
thanku sir
Superb job…
You will finish tie job UPSC started…Soon coaching shops will be closed…
Thanks to your great efforts…
Thannx a lot…but understanding hindi is difficult…can u pls make it in english from next thing pls
Thanks for your effort.. Thank you very much sir.
thank u sir…
I can very authenticaly say u put very hard work in makin such great articles which let even fearful complicated articles seem so easy … no doubt ur labour bornes fruot in form of our labour ..
I can say this will full confidence that ur such hard work lets even fearful complicated topics seem so easy and interesting .. ur this sacrifice reflects in form of our success
Firstly very Thank you sir
I watch just ur lectures. Understanding lot of things.
Sir this type of ur works are very helpful. If possible you upload some videos notes of Paper -4.
For more clearance Case Studies of different issues.
Thanks again Sir
thank you very much for your service..
one request
…plz explain in english sir..then only it will reach the people from southern states sir..
thank you…
This new initiative really in very inclusive nature. Understanding with new dimensions .