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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 Union Budget of India, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India.It is the annual budget of the Republic of India set by Ministry of Finance for the following financial year, with the revenues to be gathered by Department of Revenue to identify planned government spending and expected government revenue and the expenditures gathered by ...
This is a list of Indian state budgets as enacted by the state legislatures for the upcoming fiscal year. Expenditure. State. Budget (in crore rupees) FY. Reference. Andhra Pradesh. ₹279,279 crore (US$33 billion) 2023-24.
The defence budget of India was increased to ₹621,940 crore (US$75 billion) in the 2024-2025 union budget from ₹593,538 crore (US$71 billion) during last year. This year’s defence budget accounts for 1.89% of the country’s projected gross domestic product (GDP) for 2024-25. [15]
This is the list of countries by government budget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. The following tables show the governmental budget balance, in millions of US dollars or millions of local currency units (LCU, the most commonly used in the country) and as ...
Economic survey of India. The Economic Survey of India is an annual document of the Ministry of Finance, Government of India. The Department of Economic Affairs, Ministry of Finance presents the Survey in the Parliament every year, just before the Union Budget. It is prepared under the guidance of the Chief Economic Adviser of India. [1]
This is an accepted version of this page This is the latest accepted revision, reviewed on 30 September 2024. Integrated Schematic National Programs for Economic Development The article's lead section may need to be rewritten. Please help improve the lead and read the lead layout guide. (December 2021) (Learn how and when to remove this message) From 1947 to 2017, the Indian economy was ...
Subhadra Yojana Official Website. Subhadra Yojana (introduced 17 September 2024) is a women-centric welfare scheme launched by the Government of Odisha aiming on empowering women aged 21 to 60 years by providing direct financial assistance. The initiative, inaugurated by Prime Minister Narendra Modi, intends to benefit over 1 crore women across ...