MONEY MOVEMENT
The movement of money has to be regulated for the purpose of the proper utilization of resources, to increase the productivity, to attain accountability, to safeguard interests of future generations etc., It is important to note that “HEALTH AND WEALTH CAN BE WELL MAINTAINED ONLY THROUGH DIISCIPLINE “.
For a suitable and effective money management we need to watch the following areas:
- Source of receipt.
- Purpose of receipt.
- Period of availability for utilization.
- Repayment schedule.
- Cost of Finance
- End use of the finance
- Result with the expected Plan.
- Effect on society, employment,
- Effect on prices,
- Growth possibilities
- Pride and Goodwill etc.,
The following are some of the means the funds flow of the personal and private organizations to be regulated and monitored by the Government.
Money:
- Excess Expenditure
- Lower Income
- Bogus Receipt of Loan, Deposit, Capital
- Un-authorised kickbacks, commissions, Risk amounts
- Income on Benami Assets
- Investments in Liquid assets, Gold, Jewellery, Cash, Show off assets like Furniture, Decorations, Interiors,
- Show off Expenditure, Functions, Celebrations, Donations, Parties,
- Donations for Education, Marketing
- Healthcare, Security, Fuel, Energy, Beverages,
- Saving areas, alternative with same productivity
- Investment opportunities with low risk, secured income and withdrawing
Facilities.
If the money funds are not regulated, monitered the result may be:
- Unproductive expenditure
- Unproductive Investments
- Development Slow down
- Unemployment
- Inflation
