Budget Analysis
Read, interpret, and evaluate budget documents to understand and evaluate the underlying intent of a budgetary policy.
Type
Functional
Competency Area
Public Finance
Levels
Lists key budget documents
Comprehends the budgetary cycle in India, including its constitutional provisions under Article 112
Lists key budget documents at the central, state, and local level
Understands the institution specific budget form, terminology, and definitions of line items and columns
Aware of the official Union Budget website and the documents it contains
Describes the intent of budget documents
Identifies the various stages of the budgetary cycle in India (preparation and submission, approval, execution, and audit)
Describes the underlying intent and rationale for various budget documents
Supports preparation of institution specific budget documents through research
Discusses key Union Budget highlights, using documents from the official Union Budget website
Interprets budget documents
Classifies operational segments of the budget (budget proposals, approvals, etc.) into their relevant stage in the budgetary cycle
Compiles information from various budget documents to develop budget highlights and key features
Interprets institution specific budget documents, with a focus on what is included and excluded from line items
Navigates and locates relevant information on the official Union Budget
Analyses and evaluates budget documents
Monitors relevant central, state, and local budget documents across the budget cycle
Explains budget highlights and key features to relevant stakeholders
Analyses institution specific budget documents, keeping in mind evolving trends, challenges, and priorities
Evaluates similarities and differences between the union, state, and local budgets