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The 2025 Union budget of India was presented by Finance Minister Nirmala Sitharaman on 1 February 2025 for the financial year 2025-2026. [1] This was the first full financial year budget of Prime Minister Narendra Modi's third term in office.
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 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 ...
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]
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
The defence budget of India was increased to ₹ 621,940 crore (US$71 billion) in the 2024-2025 union budget from ₹ 593,538 crore (US$68 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]
Template: Union budget of India. ... Download as PDF; Printable version; ... This page was last edited on 4 December 2024, at 13:42 (UTC).
11 November 2024 Speaker of the Lok Sabha: Om Birla (Age 62) 19 June 2019 Chief Election Commissioner of India: Gyanesh Kumar (Age 61) 19 February 2025 Chief of Defence Staff: Anil Chauhan (Age 63) 30 September 2024 Governor of Reserve Bank of India: Sanjay Malhotra (Age 57) 11 December 2024 Lok Sabha: 18th Lok Sabha: 4 June 2024