What is Union Budget? Meaning, importance and process explained
What is Union Budget? Meaning, importance and process explained
India's Union Budget, a crucial financial blueprint, is set for presentation on February 1. This annual statement, mandated by the Constitution, details government receipts and expenditures. The Lok Sabha holds primary authority over its passage, with the Rajya Sabha offering recommendations. The budget significantly impacts resource allocation, economic direction, and citizen finances.
India's Union Budget, a crucial financial blueprint, is set for presentation on February 1. This annual statement, mandated by the Constitution, details government receipts and expenditures. The Lok Sabha holds primary authority over its passage, with the Rajya Sabha offering recommendations. The budget significantly impacts resource allocation, economic direction, and citizen finances.
India's Union Budget, a crucial financial blueprint, is set for presentation on February 1. This annual statement, mandated by the Constitution, details government receipts and expenditures. The Lok Sabha holds primary authority over its passage, with the Rajya Sabha offering recommendations. The budget significantly impacts resource allocation, economic direction, and citizen finances. 
