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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]
NSDP per capita at current prices (₹) [4] Rank [a] State/Union territory 2004–05 2009–10 2010–11 2011–12 2012–13 2013–14 2014–15 2015–16
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]
Launched on 20 June 2020 and ended on 22 October 2020. [28] PM Matsya Sampada Yojana (PMMSY, PM Fish Resources Scheme) CSS MoFAHD: 2020 Fisheries Nationwide welfare measures for farmers in the fisheries sector. For the period 2020-2024 estimated allocation of ₹ 20,050 crore (equivalent to ₹ 220 billion or US$2.6 billion in 2023) for ...
With rising economic growth and India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around Rs. 1,69,496 in 2022-23. [1] The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees. [2]
By the end of calendar year 2015, India had an electricity surplus with many power stations idling for want of demand. [282] The utility electricity sector had an installed capacity of 303 GW as of May 2016 of which thermal power contributed 69.8%, hydroelectricity 15.2%, other sources of renewable energy 13.0%, and nuclear power 2.1%. [283]
In economics, income distribution covers how a country's total GDP is distributed amongst its population. [1] Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes economic inequality which is a concern in almost all countries around the world. [2] [3]
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020. [1]
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