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The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
The 2024 Interim-Union Budget of India [1] provides comprehensive information regarding the projected revenue and government spending for the fiscal year 2024–25, commencing on 1 April 2024 and concluding on 31st March 2025. [2] [3] [4]
The Union Budget of India for 2012–2013 was presented by Pranab Mukherjee, on 16 March 2012, which was the 7th budget of his career. These budgetary proposals would be applicable for financial year 1 April 2012 to 31 March 2013. The Union Budget of India for 2013–2014 was presented by P. Chidambaram on 28 February 2013.
1 August 2024: 29 April 2025 Lieutenant General Raj Shukla (Retd.) Indian Army: Member: 18 July 2022 [23] 26 March 2027 Suman Sharma IRS Member 25 May 2023 24 May 2029 Bidyut Bihari Swain: IAS: Member: 1 June 2023 [24] 4 September 2028 Sanjay Verma IFS Member 1 February 2024 27 January 2030 Dr. Dinesh Dasa Academician Member 29 September 2023 ...
2024 Interim-Union budget of India; 2024 Union budget of India; E. Economic survey of India; F. Finance Act (India) Fiscal Responsibility and Budget Management Act ...
[10] 10 flagship schemes were allocated ₹ 1.5 lakh crore (equivalent to ₹ 1.7 trillion or US$19 billion in 2023) in the 2021 Union budget of India. [10] The subsidy for kerosene, started in the 1950s, was slowly decreased since 2009 and eliminated in 2022. [11] [12] [13]
Budget (in crore rupees) FY Reference Andhra Pradesh ₹ 279,279 crore (US$32 billion) 2023-24 [1] Arunachal Pradesh ₹ 29,657 crore (US$3.4 billion) 2023-24 [2] Assam ₹ 321,000 crore (US$37 billion) 2023–24 [3] Bihar ₹ 261,885 crore (US$30 billion) 2023–24 [4] Chhattisgarh ₹ 121,500 crore (US$14 billion) 2023–24 [5] Delhi
India’s ‘Aid to Countries’ under Budget 2024 [6] Aid to Countries Budget 2023-2024 (in ₹ crore) Revised 2023-2024 (in ₹ crore) Budget 2024-2025 (in ₹ crore) Bhutan 2,400.58 2,398.97 2,068.56 Afghanistan 200 220 200 Bangladesh 200 130 120 Nepal 550 650 700 Sri Lanka 150 60 245 Maldives 400 770.90 400 Mongolia 7 5 5 African Countries 250