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1 February 2021: Submitted by: Nirmala Sitharaman (Minister of Finance) Submitted to: Parliament of India: Presented: 1 February 2021: Passed: 17 March 2021: Parliament: 17th : Party: Bharatiya Janata Party: Finance minister: Nirmala Sitharaman: Total revenue ₹ 31.67 trillion (US$370 billion) (23.4%) Total expenditures ₹ 37.7 trillion (US ...
The Union Budget of India, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India 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 ...
India's finance minister, Nirmala Sitharaman, set a fiscal deficit target of 3.5% of GDP for the year ending March 2021 and said it expected nominal GDP of 10%. India's growth, fiscal deficit ...
The 2022 Union Budget of India was presented by the Minister of Finance Nirmala Sitharaman on 1 February 2022, as her fourth budget. This is the third budget of Narendra Modi-led NDA government's second term. The Economic Survey for 2021–2022 was released on 31 January 2022, a day before the budget. [2]
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The deficit stood at 0.2% of gross domestic product in the latest quarter, compared with a deficit of $2.6 billion, or 0.4% of GDP, in the same period a year ago, RBI data showed. India posts ...
The first report, consisting of recommendations for the financial year 2020–21, was tabled in Parliament in February 2020. [25] On 9 November 2020, the Fifteenth Finance Commission (XVFC) led by Chairman Sh N K Singh, submitted its report for the period 2021–22 to 2025–26 to the Hon'ble President of India. [26]
Expenditure State 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