- 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.


Thanks a lot sir…
Thanks sir for this awesome work
sir you are no less than a messiah for many of the aspirants like us…you are doing true service to our nation! kudos to you and thanx a lott
english version soon please….
SIR, We ppl from down south r waiting for your english version. Plz release it as soon as possible.
@ dear mrunal sir,
i too make plea of suganthi concern about translate in english format.we in tamilnadu never have opportunity to learn hindi !!!!!!!!1hope u ll never turned down our request1
To shiva5688 & Suganthi, no personal issue. But i believe we can do our bit of hard work by learning Hindi a bit. I too m poor in Hindi but demanding to be spoon fed everything. that seems murky in the long run.
lecture videos are good.
But plz try to record them with higher clarity (resolution) and from a more convenient angle (try to record by keeping the cam in the front row).
Just suggesting. I know Mrunal sir you will come up with better and innovative idea.
mrunal sir, thank you!!!!
you make things very easy to understand .your lectures are very helpful for us.
we keep on waiting for the new post.
Oh, his just gets better, doesn’t it? Ratta public must be going crazy by now. Mrunal, take a bow.
*this
In slide 38 of eco survey you mentioned aggregate demand decreased. Its increased actually
Mrunal bhai, why don’t you put up-vote system for comments? so that you can atleast reply to the top comments
superb sir but please non hindi students can’r understand some of the concepts you are explaining sir so please give us and offer of english lecture in same points sir.Thank you………..
osammmmmmmmmmm
Mrunal bhai, put up-vote system for the comments, so that you can reply to top comments
thank you so much sir… this is a great initiative taken by you . May you succeed in all your endeavours :)
thanks……
Mrunal sir, the video which you had uploaded was in hindi we non-hindi medium students can’t understand that video.can you please provide some alternative for budget and economic survey 2014 in english……
its an humble request to mrunal sir plz provide eco survey in written format as u did in 2013 plz sir i m facing problem in lecture one i m eagerly waiting for that plz do pay heed to my request…
A must read. This is too funny. (it is a joke for those who didn’t get it)
http://my.fakingnews.firstpost.com/2014/07/17/upsc-to-introduce-pattern-change-for-level-playing-field/
Mrunal sir, the video which you had uploaded was in hindi we non-hindi medium students can’t understand that video.can you please provide some alternative for budget and economic survey 2014 in english
sir please provide english version as early as possible…thankyou sir….
wowwwww mrunal sir… aap CLASSES chalate ho IAS ki ?????
Sir you are really an inspiration…….
great initiative esp. helpful for the people who cant go to classes due some reasons (geographic/economic/etc.)
Sir, as I am non-hindi student. Though I am eager to listen your video, I am unable to understand. Could u please upaload in English in future. It will be helpful for many like me.
!!!respect!!!!
To all those dolts who commemt about “mrunal running classes” . please read complete article first .
@Mrunal…. As expected, Lord Curzon has refused to part with the evaluated answer sheets of Mains exam citing the same old exception clause of the act. Any other way out to get the copies ?
Amit,
file appeal to FAA=>CIC.
CIC already has ruled in favor of this in past. this is only a delay tactic by UPSC.
mrunal sir please release this lecture in english language (south indian friends)…
Thank you
plz mrunal sir plz solve my problem eco survey in written format….
Thanks Mrunal for such a lucid explanation of the survey
MRUNAL sir…. mere paas aapka previous wala ECONOMIC SURVEY 2012-13 wala saved hai…. toh kya aane wale exams k liye like RBI Grade b and IAS Prelims 2014 k liye…. dono ECO SURVEY padne ki jarurat hai (2012-13 + this new and latest one 2013-13)
YAA fir yahi latest wale ECO SUREVET suffice hai ??
plzz reply….. RBI GRADE b exam is very much nearer…
1. ashish static content will remain identical (e..g how H.D.I calculated, even lot of points related to mid-day meal, SSA etc)
2. with respect to RBI exam- focus on economic survey ch5 (financial intermediaries) and then to nachiket, new bank license etc. background articles under my economy section.
thanks sir.. ur advice would be of great help for RBI
Thank you sir.