Budgeting Process in ONGC

Can you provide me Project report on Budgeting process of ONGC (Oil and Natural Gas Corporation Limited)?

[Pathak]

The Project report on Budgeting process of ONGC (Oil and Natural Gas Corporation Limited) reveals the guidelines for framing financial budgets, departmental budgeting practices followed in all the department under the head plan and non plan activity and how the budget of the various departments are converted from natural heads to activity wise budget along with the recent changes in the budgeting system of ONGC.

The report gives an insight of the utilization parameter in the asset along with my contribution to the asset.

1) INTRODUCTION
a) PREFACE & ACKNOWLEDGEMENT
b) ONGC PROFILE
c) ONGC HISTORY
d) ONGC MEHSANA ASSET
1. i. Introduction
2. ii. Key Objectives
e) PROCESS OF EXTRACTION OF OIL & GAS

2) SYNOPSIS
a) OBJECTIVES
b) REASIONS FOR TAKING UP THE PROJECT

3) BUDGET
a) INTRODUCTION
b) BUDGETING
c) WHY BUDGETING
d) BUDGET PERIOD
e) PRE-REQUISITES OF A GOOD BUDGETARY SYSTEM

4) TYPES OF BUDGET IN ONGC
a) CASH BUDGET AND ACCRUAL BUDGET
b) OPERATION BUDGET AND PRODUCTION BUDGET
c) GENRAL BUDGET (REVENUE AND EXPENDITURE BUDGET)
d) NATURAL HEAD BUDGET V/S ACTIVITY BUDGET
e) PERFORMANCE BUDGET
5) EXPENDITURE BUDGET
a) PLAN EXPENDITURE
b) NON-PLAN EXPENDITURE
c) NATURAL HEADS OF THE BUDGET
6) PREPARATION OF THE BUDGET
7) METHODOLOGY OF BUDGETING IN ONGC
8) ACTIVITY WISE BUDGETS
9) DEPARTMENTAL BUDGETING IN MEHSANA
10) BUDGETARY CONTROL
11) RECENT CHANGES IN THE BUDGETING SYSTEM OF ONGC
12) OBSERVATION/ CONCLUSIONS/ SUGGESTIONS
13) MY CONTRIBUTON TO THE ASSET
14) ANNEXURE:
a) LOCATION OF ONGC WORK CENTERS
b) ORGANOGRAM
c) MEHSANA ASSET STUCTURE
d) ONGC PERFORMANCE
15) BIBLIOGRAPHY