This course aims at providing in depth knowledge of Public Financial Administration and it is recognised by University of Madras for 5 credit courses. The acronym POSDCoRB, “B” Stands for Budget. The entire Public Administration “Budget” plays an important and role and it is a border line between Politics, Economics and Public Administration. This MOOCS course is for 12 weeks with 52 modules as per SWAYAM guidelines. This course involves Q&A, online materials, reference books and online group discussions on periodically. This will enlighten students to get to know the updates related to Public Financial Administration. After completion of each week online assessment will be conducted on regular intervals and final assessment will be conducted post completion of the course. This course will also provide knowledge on budget, tax, constitutional provisions, political economy, NITI Aayog, Finance in rural and urban areas, insights of National Education Policy etc.
Overview
Syllabus
Course Layouts
Week – 1
Introduction to Financial Administration, Significance of Public Finance and Financial Administration, What is Budget, Concept and Principles of Budget.
Week 2
Functions of Budget, Budget as on an instrument of Financial Administration, Budget: Public Policy andManagement.
Week 3
Concept and types of Budgets, Stages in Budget preparation and process.
Week 4
Process of authorization of budget, the execution process of budget in India.
Week 5
Introduction to Financial Institutions, Union- State government relationship Financial
Administration, Ministry of Finance in India.
Week 6
Ministry of Finance in India (Continuation), Finance Commission of India, Various components of Finance Commission.
Week 7
Functions of Finance Commission (Continuation), Finance Commission-Indian Constitution.
Week 8
Functions of Finance Commission (Continuation), Finance Commission List, Monetary Policy,
Week 9
Types and tools of Monetary Policy, Fiscal Policy and its types.
Week 10
Resource Mobilization and Public Borrowing and Deficit Financing.
Week 11
Tax Administration, Types of Tax, Issues and reforms of taxation.
Week 12
Introduction to CAG, role and functions of CAG, CAG reports, Appointment, tenure and removal of CAG, Legislative control over finances with special reference to Parliamentary Committees.
Taught by
Dr.Ansuman Rabboni & Dr.N.Milton Devadayavu
