I would like to make a recommendation regarding the practice of annual budget. The budget is presented every year and the money or funds are allotted to various ministries or departments and the funds need to be utilized within the financial year. The time of one year is too less for the funds to be utilized judiciously and hence a rush is seen in the end by all to spend these funds as no surrender of funds are acceptable. I recommend the funds be alloted for two years with review in one year.

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  • Pradeep Raj - 8 years ago

    Or why not allocate less that could be spent meticulously and usefully in one year to keep it simple?