English Shorthand Dictation 100 WPM Part 2 apke saath share karne jaa raha hoon. English Shorthand Dictation 100 WPM  Part 2 mai 500 words hai. 



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Dictation 100 wpm




Paragraph Total 500 words


I should like now to make a few observations on the Budget. This budget marks a turning point in the history of our country. It is no use attempting as some of my friends have done either to deprecate the budget very strongly or to suggest that we are not witnessing a new revolution in our methods of fiscal training and technique. I want to it to be quite clearly pointed out to my friends that we are now facing the lean years of Indian finance. We had revenue surpluses which were a form of public saving and which were (100) meant to be utilised for capital development. Hereafter this form of revenue surplus would not be available. 



We have therefore to find out ways and means of implementing our great programme of national resconstruction at minimum cost. My point is that the deficit on revenue account would be of the order of about Rs. 19 to 20 crores. Here let me point out that I do not agree with those of my friends in the Finance Department who have attempt to suggest that Rs 9 or 18 crores which are obtained from Pakistan should be put to the revenue side (200) of the budget they are to be put on the capital side. 

But that does not seriously alter the trend of my argument. What I am suggesting is that we would have to be prepared for a deficit of a much higher order even on the revenue side. That itself should make us realise that there are very many problems which we have to face and that we have to undertake ways and means of increasing the resources of our country so that it might be possible for us to have a greater amount of surplus or a greater amount (300) of public saving for the purpose of financing capital development. 



The Finance Minister in the course of his speech. Mr. Deputy Minister pointed out that the deficits its during the past two years were of the order of Rs. 83 crores. I venture humble to disagree with him because I feel that when we are talking of deficits we must take into account the overall deficit incurred by the Central Government and that would be of the order of Rs. 200 crores. During the years of relatively light expenditure we had shortfall of about Rs. 200 crores.(400)

Undoubtedly now when we are going to have a very great amount of expenditure we might have a greater amount of deficit and we would have to find out ways and means of trying to meet out capital expenditure. Some members have pointed out that deficit financing is good other have pointed out that it is poison. One hon member who preceded me pointed out that it could be taken like a tonic. Now I am not willing to enter into the merits of deficit financing or deficit financing in an academic spirit. (500)


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