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PEACE AND SPIRITUALITY IN DAY TO DAY LIFE  

March 17, 2012

PEACE AND SPIRITUALITY IN DAY TO DAY LIFE 

You may not be a particularly religious person, but then again you don`t need to be religious to be spiritual. People have to work for their living and therefore very few can have the leisure to meditate on a mountain top or be spiritual in a public sense. But, to stay balanced and focused in our lives, each one of us subconsciously tends to look inwards and is by nature, a spiritual person. 

If life becomes too pressing and the world is too much upon us, a walk in the woods and communion with nature can help. Simply by being with yourself and taking a walk in the unspoilt surroundings and commune if not with God, but with yourself can do wonders. I believe being close to nature is a spiritual experience. 
When you really love the work you do, it doesn`t just become a physical experience but also a mental experience, and an emotional one and the enjoyment and satisfaction you get from it makes it even spiritual. Enjoying what you do, keeps you calm and in touch with your inner self. Was falling in love a spiritual experience? While it leaves you feeling hot and bothered, it also connects you with the higher self. 
In simple terms, aim for being at peace with oneself and with the world in general. It ïs hard not to be grumpy or frustrated at times, especially when you hear the growing traffic below your window or the trucks banging into the boundary wall and your neighbors garbage incinerator sending bursts of smoke into your room or your office life is too monotonous and frustrating. Just think that there are places in this world worse than these. Be grateful for what you have and find peace in it. When you find peace in what you have, the world around you will reward you with better and more miraculous possibilities to get peace. Then, life can only get better every moment.

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The Union Budget Code  

March 14, 2012

The Union Budget is an estimate of revenues and expenditures of the Government during any financial year

Every February, the Budget is presented for the ensuing financial year replete with relevant statistics for the preceding years, the actual figures for the current year and planned estimates for the following year. The Budget is usually preceded by the tabling of the Railway Budget and the Economic Survey every year

The Budget is prepared on a timetable drawn by the Business Advisory Committee (BAC) of the Indian Parliament. Each Ministry involved receives a fixed schedule for discussion, inclusion and review of their spending and revenue estimates that is then finally included into one consolidated Budget document finally presented before the Indian Parliament

The Finance Ministry in general and the Budget Division in specific hold the overall responsibility of preparing the Budget with relevant inputs from every Ministry. The Budget is prepared on the basis of proposals and a recommendation received from various divisions and the availability of the necessary funds and is subject to final approvals from the Office of the Prime Minister

In case that the complete Budget is not presented to the Parliament, the Constitution empowers the LokSabha to grant a Vote-on-Account (Article 116) so that the government can continue functioning with the requisite expenses for at least two months into the next financial year with time to get Budget proposals tabled and approved. An Interim Budget only talks about the expenses that the government is likely to make during the next few months unlike the Budget which also outlines how it proposes to meet these expenses. The Interim Budget is however, followed by the full annual Budget within six months

So far Independent India has seen 63 Budgets with around 11 Interim Budgets being tabled by the respective Indian governments. Moving away from tradition, this year the Union Budget is expected to be presented on March 16, 2012 given that the budget session of Parliament has been delayed by theongoing Assembly elections in five States

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India Budget History  

The Union Budget of India is referred to as the annual Financial Statement in Article 112 of the Constitution of India and is the annual budget of the Republic of India

It is to be presented each year on the last working day of February by the Finance Minister of India in Parliament and has to be passed by the House before it can come into effect on April 1, the start of India's financial year

Morarji Desai holds the record of being the only finance minister to present the Union budget on his birthday - February 29 in 1964 and 1968. He is also the only person to have presented annual and interim budgets whilst being both the Finance Minister and Deputy Prime Minister of India

Rajiv Gandhi presented the budget for 1987-89 and in the process became the third only Prime Minister to present a budget after his mother and grandfather

K.C. Neogy and H.N. Bahuguna, both erstwhile Finance Ministers, held office for such short durations in between two budget days that they had no occasion to present a budget

Jawarharlal Nehru took charge of the Finance portfolio and presented the budget for 1958-59, given the last minute resignation of the then Finance Minster

The shortest ever interim budget speech was just 800 words and delivered by H. M. Patel in 1977

Until the year 2000, the Union Budget was announced at 5 pm on the last working day of the month of February, following a colonial practice of being simultaneously presented around noon in London and in India in the evening. Also since all budgets seemed to simply raise taxes, a presentation in the evening gave producers and tax collecting agencies enough time to work out change in prices

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The first Union budget of independent India  

The first Union budget of independent India was presented by R. K. Shanmukham Chetty, a Tamilian, on November 26, 1947. This was more of a review of the then Indian economy as the Budget day for 1948-49 was just 95 days away

In 1948-49, Chetty began his Budget speech referring to his earlier presentation as an interim budget. From then onwards, an interim budget began to mean a budget for a short period

The record for the most Budgets presented by any Finance Minister is held by Morarji Desai who presented the Budget ten times - eight annual Budgets and two Interim Budgets. Current Union Minister of Home Affairs, P Chidambaram, comes a close second having presented the Union Budget seven times till date

Indira Gandhi is the only woman to hold the post of the finance minister

Pranab Mukherjee is the first Rajya Sabha member to hold the Finance portfolio and has previously presented the annual budgets for 1982-83, 1983-84 and 1984-85

C.D. Deshmukh was the first Indian Governor of the Reserve Bank of India to present a Budget in parliament

The first Vote-on-Account or Interim Budget was presented in 1952-53 and so far 11 such Budgets have been presented with the last one in 2009. Six times, it has been presented by a new government in power while the rest have been presented by the outgoing governments before pre or forced elections

Shri Yashwant Sinha presented the interim budget for 1991-92, followed by Manmohan Singh who presented the final budget for 1991-92 in July 1991. This was the first occasion when the interim and final budgets were presented by two ministers of two different political parties

Budget papers first began to be prepared in Hindi from 1955-56

In 2001, the Union Budget was announced at 11 am, moving away from its 50-year traditional history of always being announced at 5 pm Indian Standard Time

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