- 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.


sir eagerly waiting for English version of this lecture, it will be very helpful to get it before prelims.
No chance of Paper 2 being scrapped altogether. At best some controversial sections will be watered down so that it can provide a level playing field to all. We have to keep up the tempo of our study as earlier.
when was prelims exam…? is there any changes in csat pattern
Thanks a lot mrunal sir fr all d effort…those students at SPIPA are really lucky to get to attend ur lectures…im a gujarati too bt only genetically..can only understand gujarati nt speak so guess cannot be among those lucky ones
guruji bahut badai…sir ur videos r of gr8 help .thanku so much .You are our “nayak” for upsc,if u hv sir more videos of previous topics pls share
anil kapoor (nayank movie) gainst amrish puri(upsc)
Mrunal sir hv some how managed to listen to ur video in hindi.bt few hv to b cleared.plz upload english at the earliest…
Thank u so much the work…..
Confusion: Finance bill=tax proposals…ok
by changing tax rates, slabs, tax exemption limit etc does it means amendment in income tax act also…?
e.g. hiking exemption limit under 80C from 1 lac to 1.5 lac means amendment in section 80C of income tax act..?
my comment awaiting moderation since morning…:( why mrunal sir???
Sir please clarify what is Perpetual Non-Cumulative Preference Shares (PNCPS)..
mrunal sir.. superb effort as always :)
Greetings :)
friends can anybody send me these videos please becoz i hv 2g and it took lots of time
please anybody
my email is 2602mohitkumar@gmail.com
You will have to download them. It will still give same pain. go to http://clipconverter.cc & paste video page’s link there==> continue==>choose size & simply download as you will do if someone sends you in mail.
Bhaiya u r 2nd God for us
dear sir , please upload other economics articles in same video format , it wud be very beneficial .please upload if possible as with video it is very easy to grasp things .
Hi Mrunal, Went through all three videos in this article. Found it helpful.
keepvid.com, just copy n paste the video title frm utub and vdo is down to ur device.
Best job Mrunal Sir, please do so for other articles also. Video are more lond lasting in the memory.
Sir please be put economic survey vedio in english speach sir….
Dear Sir,
Where can I see all of your videos, please post the link.
Thanks in advance….
Sir this just to inform that cess goes directly to the dept for which it is raised please refer to ….. http://pib.nic.in/newsite/erelease.aspx?relid=67677
I am impressed with the new innovative way of teaching
Regards
well done work sir ji
sir will you explain classes in english it will helps to spread knwoledge to all sates of people and even spread of your site with convinience
First of all thank you mrunal for not putting it in english i enjoyed it in very much. And guys stop whining about you cant download it or some other thing mrunal sir is not responsible for your slow internet connection. And sir from where i belong no one coaching teaches this good.
SIR ,
Which of the following will be amended under DIRECT TAX CODE?
A. income tax act
B. Wealth tax act
C. Custom duty act
D. Dividend distribution tax
if DTC will be passed..it will replace ‘income tax act 1861’..n since dividend tax is levied according to the provision of income tax act,it should also come under DTC..though wealth tax is a type of direct tax,there is a separate provision for this..n what i know that custom duty comes under indirect tax so it should not be affected…sry for interference,but if u know any other thing,kindly share with us also.
Thank u!!
Fringe benefit tax will also be amended to reduce the exemption list under it, and it is proposed in DTC bill that it will be charged from employees instead of employers.
Sir,please suggest a book for International Organizations.Thank you
sir, is the economic survey portion in this website based on 2013-14, or it is older
Hi Sir, Do you have some other video speech …on GS topics… It’s really wonderful to see u on video and ur teaching way.. Please reply
sir how to attend your class in T.N
Hello sir,
Nice lecture videos, big thanx sir
still am not able to download your video…. :( mrunal sir ……..plz anyone can help me??
Dear Mrunal sir, Please provide us the English version of your classes (atleast dubbed ones)
ONe silly question Mrunal , I will be appearing for CSAt 2015 , IS it worth to see economic surver /budget 2015 or any interim budget as there is be another budget …later
Sir
Thanx a lot for these video lectures. Will you be making video lectures for the whole syllabus of IAS or just ECONOMICS…