A study of five year plan in Karnataka a historical revision

Abstract

Every year government of India has come up with different policies & budget allocation process aim to enhance of standard of living of people. A budget is necessary device that worldwide the Indian Government employ to define the direction of their planned national activities, Projects, and programmes, cost implications and the possible sources of revenues during any fiscal year. It is an instrument used by corporate as well to allocate their various activities. At the country level, it is the main tool for allocating scarce public resources and therefore its process is very crucial in stimulating, inter alia, economic growth, reducing or mitigating extreme condition of poverty and unemployment. It could also be aimed at developing a specific sub-sector or a certain group of sub-sectors or indeed an aspect of economy to active a specific goal. This paper focuses on need of separate agriculture budget in India for development of agriculture sector in India. The study is base on secondary data available in various research papers, reports, articles etc.