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Union budget of India

Updated: Wikipedia source

Union budget of India

The Union Budget of India, also known as the Annual Financial Statement under Article 112 of the Indian Constitution, is the country's annual financial plan prepared by the Ministry of Finance. It outlines the government's expected revenues, collected by the Department of Revenue, and planned expenditures, managed by the Department of Expenditure. The budget serves as a financial blueprint for the upcoming fiscal year, forecasting economic conditions and aligning the Government of India's spending with its policy objectives. The Government of India presents the Union Budget on the first day of February to ensure its implementation before the commencement of the new financial year in April. Prior to 2016, the budget was presented by the Finance Minister in the Parliament on the last working day of February. The Budget Division of the Department of Economic Affairs, within the Ministry of Finance, is the primary body responsible for preparing the budget. The Union Budget is presented through the Finance Bill, and the Appropriation Bill must be passed by the Lok Sabha before it can take effect on April 1, the beginning of India's financial year. Ever since television became ubiquitous, the Union Budget has been broadcast live from Sansad Bhawan on DD National, DD News, and Sansad TV and many times on the All India radio. The presentation typically runs uninterrupted from 11 AM to 1 PM, followed by a panel discussion that assesses the changes, benefits, and shortcomings of the budget. Additional budget documents and materials are available on the official budget website and the Union Budget mobile app. The Rail Budget—which was presented separately since 1924—was merged with the Union Budget in 2016. Since 1947, there have been a total of 73 annual budgets, 14 interim budgets, and four special or mini-budgets.

Infobox

Submitted
1 February 2025
Submitted by
Nirmala SitharamanMinister of Finance
Submitted to
Parliament of India
Presented
1 February 2025
Passed
1 February 2025
Country
India
Parliament
18th (Lok Sabha)
Government
Third Modi ministry
Party
Bharatiya Janata Party
Finance minister
Nirmala Sitharaman
Total revenue
₹34.96 trillion (US$410 billion)
Total expenditures
₹50.65 trillion (US$600 billion)
Tax cuts
Complete tax rebate on annual income upto ₹12.75 lakh (US$15,000)
Deficit
4.4% of GDP
Debt
56.1% of GDP
GDP
₹427 trillion (US$5.1 trillion)
Website
www.indiabudget.gov.in

Tables

· List of Union Budgets
1
1
Sr. No
1
Year
1947–48
Date
26 November 1947
Presented by (Finance Minister)
R. K. Shanmukham Chetty
Prime Minister
Jawaharlal Nehru
Party/Coalition
Indian National Congress
2
2
Sr. No
2
Year
1948–49
Date
28 February 1948
3
3
Sr. No
3
Year
1949–50
Date
28 February 1949
Presented by (Finance Minister)
John Matthai
4
4
Sr. No
4
Year
1950–51
Date
28 February 1950
5
5
Sr. No
5
Year
1951–52
Date
28 February 1951
Presented by (Finance Minister)
C. D. Deshmukh
6
6
Sr. No
6
Year
1952–53 (Interim)
Date
29 February 1952
7
7
Sr. No
7
Year
1952–53
Date
23 May 1952
8
8
Sr. No
8
Year
1953–54
Date
27 February 1953
9
9
Sr. No
9
Year
1954–55
Date
27 February 1954
10
10
Sr. No
10
Year
1955–56
Date
28 February 1955
11
11
Sr. No
11
Year
1956–57
Date
29 February 1956
12
12
Sr. No
12
Year
1957–58 (Interim)
Date
19 March 1957
Presented by (Finance Minister)
T. T. Krishnamachari
13
13
Sr. No
13
Year
1957–58
Date
15 May 1957
14
14
Sr. No
14
Year
1958–59
Date
28 February 1958
Presented by (Finance Minister)
Jawaharlal Nehru (Prime Minister)
15
15
Sr. No
15
Year
1959–60
Date
28 February 1959
Presented by (Finance Minister)
Morarji Desai
16
16
Sr. No
16
Year
1960–61
Date
29 February 1960
17
17
Sr. No
17
Year
1961–62
Date
28 February 1961
18
18
Sr. No
18
Year
1962–63 (Interim)
Date
14 March 1962
19
19
Sr. No
19
Year
1962–63
Date
23 April 1962
20
20
Sr. No
20
Year
1963–64
Date
28 February 1963
21
21
Sr. No
21
Year
1964–65
Date
29 February 1964
Presented by (Finance Minister)
T. T. Krishnamachari
22
22
Sr. No
22
Year
1965–66
Date
27 February 1965
Presented by (Finance Minister)
Lal Bahadur Shastri
23
23
Sr. No
23
Year
1966–67
Date
28 February 1966
Presented by (Finance Minister)
Sachindra Chaudhuri
Prime Minister
Indira Gandhi
24
24
Sr. No
24
Year
1967–68 (Interim)
Date
20 March 1967
Presented by (Finance Minister)
Morarji Desai
25
25
Sr. No
25
Year
1967–68
Date
25 May 1967
26
26
Sr. No
26
Year
1968–69
Date
29 February 1968
27
27
Sr. No
27
Year
1969–70
Date
28 February 1969
28
28
Sr. No
28
Year
1970–71
Date
28 February 1970
Presented by (Finance Minister)
Indira Gandhi (Prime Minister)
29
29
Sr. No
29
Year
1971–72
Date
24 March 1971
Presented by (Finance Minister)
Yashwantrao Chavan
30
30
Sr. No
30
Year
1972–73
Date
16 March 1972
31
31
Sr. No
31
Year
1973–74
Date
28 February 1973
32
32
Sr. No
32
Year
1974–75
Date
28 February 1974
33
33
Sr. No
33
Year
1975–76
Date
28 February 1975
Presented by (Finance Minister)
Chidambaram Subramaniam
34
34
Sr. No
34
Year
1976–77
Date
15 May 1976
35
35
Sr. No
35
Year
1977–78
Date
17 June 1977
Presented by (Finance Minister)
Hirubhai M. Patel
Prime Minister
Morarji Desai
Party/Coalition
Janata Party
36
36
Sr. No
36
Year
1978–79
Date
28 February 1978
37
37
Sr. No
37
Year
1979–80
Date
28 February 1979
Presented by (Finance Minister)
Charan Singh (Prime Minister)
38
38
Sr. No
38
Year
1980–81
Date
18 June 1980
Presented by (Finance Minister)
Ramaswamy Venkataraman
Prime Minister
Indira Gandhi
Party/Coalition
Indian National Congress
39
39
Sr. No
39
Year
1981–82
Date
28 February 1981
40
40
Sr. No
40
Year
1982–83
Date
27 February 1982
Presented by (Finance Minister)
Pranab Mukherjee
41
41
Sr. No
41
Year
1983–84
Date
28 February 1983
42
42
Sr. No
42
Year
1984–85
Date
29 February 1984
43
43
Sr. No
43
Year
1985–86
Date
16 March 1985
Presented by (Finance Minister)
V. P. Singh
Prime Minister
Rajiv Gandhi
44
44
Sr. No
44
Year
1986–87
Date
28 February 1986
46
46
Sr. No
46
Year
1987–88
Date
28 February 1987
Presented by (Finance Minister)
Rajiv Gandhi (Prime Minister)
47
47
Sr. No
47
Year
1988–89
Date
29 February 1988
Presented by (Finance Minister)
N. D. Tiwari
48
48
Sr. No
48
Year
1989–90
Date
28 February 1989
Presented by (Finance Minister)
Shankarrao Chavan
49
49
Sr. No
49
Year
1990–91
Date
19 March 1990
Presented by (Finance Minister)
Madhu Dandavate
Prime Minister
V. P. Singh
Party/Coalition
Third Front
50
50
Sr. No
50
Year
1991–92
Date
24 July 1991
Presented by (Finance Minister)
Manmohan Singh
Prime Minister
P. V. Narasimha Rao
Party/Coalition
Indian National Congress
51
51
Sr. No
51
Year
1992–93
Date
29 February 1992
52
52
Sr. No
52
Year
1993–94
Date
27 February 1993
53
53
Sr. No
53
Year
1994–95
Date
28 February 1994
54
54
Sr. No
54
Year
1995–96
Date
15 March 1995
55
55
Sr. No
55
Year
1996–97
Date
19 March 1996
Presented by (Finance Minister)
P. Chidambaram
Prime Minister
H. D. Deve Gowda
Party/Coalition
United Front
56
56
Sr. No
56
Year
1997–98
Date
28 February 1997
57
57
Sr. No
57
Year
1998–99
Date
01 June 1998
Presented by (Finance Minister)
Yashwant Sinha
Prime Minister
Atal Bihari Vajpayee
Party/Coalition
National Democratic Alliance
58
58
Sr. No
58
Year
1999–20
Date
27 February 1999
59
59
Sr. No
59
Year
2000–01
Date
29 February 2000
60
60
Sr. No
60
Year
2001–02
Date
28 February 2001
61
61
Sr. No
61
Year
2002–03
Date
28 February 2002
62
62
Sr. No
62
Year
2003–04
Date
28 February 2003
Presented by (Finance Minister)
Jaswant Singh
63
63
Sr. No
63
Year
2004–05 (Interim)
Date
4 February 2004
64
64
Sr. No
64
Year
2004–05
Date
8 July 2004
Presented by (Finance Minister)
P. Chidambaram
Prime Minister
Manmohan Singh
Party/Coalition
United Progressive Alliance
65
65
Sr. No
65
Year
2005–06
Date
28 February 2005
66
66
Sr. No
66
Year
2006–07
Date
28 February 2006
67
67
Sr. No
67
Year
2007–08
Date
28 February 2007
68
68
Sr. No
68
Year
2008–09
Date
29 February 2008
69
69
Sr. No
69
Year
2009–10 (Interim)
Date
16 February 2009
Presented by (Finance Minister)
Pranab Mukherjee
70
70
Sr. No
70
Year
2009–10
Date
6 July 2009
71
71
Sr. No
71
Year
2010–11
Date
26 February 2010
72
72
Sr. No
72
Year
2011–12
Date
28 February 2011
73
73
Sr. No
73
Year
2012–13
Date
16 March 2012
74
74
Sr. No
74
Year
2013–14
Date
28 February 2013
Presented by (Finance Minister)
P. Chidambaram
75
75
Sr. No
75
Year
2014–15 (Interim)
Date
17 February 2014
76
76
Sr. No
76
Year
2014–15
Date
10 July 2014
Presented by (Finance Minister)
Arun Jaitley
Prime Minister
Narendra Modi
Party/Coalition
National Democratic Alliance
77
77
Sr. No
77
Year
2015–16
Date
28 February 2015
78
78
Sr. No
78
Year
2016–17
Date
29 February 2016
79
79
Sr. No
79
Year
2017–18
Date
1 February 2017
80
80
Sr. No
80
Year
2018–19
Date
1 February 2018
81
81
Sr. No
81
Year
2019–20 (Interim)
Date
1 February 2019
Presented by (Finance Minister)
Piyush Goyal
82
82
Sr. No
82
Year
2019–20
Date
5 July 2019
Presented by (Finance Minister)
Nirmala Sitharaman
83
83
Sr. No
83
Year
2020–21
Date
1 February 2020
84
84
Sr. No
84
Year
2021–22
Date
1 February 2021
85
85
Sr. No
85
Year
2022–23
Date
1 February 2022
86
86
Sr. No
86
Year
2023–24
Date
1 February 2023
87
87
Sr. No
87
Year
2024–25 (Interim)
Date
1 February 2024
88
88
Sr. No
88
Year
2024–25
Date
22 July 2024
89
89
Sr. No
89
Year
2025–26
Date
1 February 2025
Sr. No
Year
Date
Presented by (Finance Minister)
Prime Minister
Party/Coalition
1
1947–48
26 November 1947
R. K. Shanmukham Chetty
Jawaharlal Nehru
Indian National Congress
2
1948–49
28 February 1948
3
1949–50
28 February 1949
John Matthai
4
1950–51
28 February 1950
5
1951–52
28 February 1951
C. D. Deshmukh
6
1952–53 (Interim)
29 February 1952
7
1952–53
23 May 1952
8
1953–54
27 February 1953
9
1954–55
27 February 1954
10
1955–56
28 February 1955
11
1956–57
29 February 1956
12
1957–58 (Interim)
19 March 1957
T. T. Krishnamachari
13
1957–58
15 May 1957
14
1958–59
28 February 1958
Jawaharlal Nehru (Prime Minister)
15
1959–60
28 February 1959
Morarji Desai
16
1960–61
29 February 1960
17
1961–62
28 February 1961
18
1962–63 (Interim)
14 March 1962
19
1962–63
23 April 1962
20
1963–64
28 February 1963
21
1964–65
29 February 1964
T. T. Krishnamachari
22
1965–66
27 February 1965
Lal Bahadur Shastri
23
1966–67
28 February 1966
Sachindra Chaudhuri
Indira Gandhi
24
1967–68 (Interim)
20 March 1967
Morarji Desai
25
1967–68
25 May 1967
26
1968–69
29 February 1968
27
1969–70
28 February 1969
28
1970–71
28 February 1970
Indira Gandhi (Prime Minister)
29
1971–72
24 March 1971
Yashwantrao Chavan
30
1972–73
16 March 1972
31
1973–74
28 February 1973
32
1974–75
28 February 1974
33
1975–76
28 February 1975
Chidambaram Subramaniam
34
1976–77
15 May 1976
35
1977–78
17 June 1977
Hirubhai M. Patel
Morarji Desai
Janata Party
36
1978–79
28 February 1978
37
1979–80
28 February 1979
Charan Singh (Prime Minister)
38
1980–81
18 June 1980
Ramaswamy Venkataraman
Indira Gandhi
Indian National Congress
39
1981–82
28 February 1981
40
1982–83
27 February 1982
Pranab Mukherjee
41
1983–84
28 February 1983
42
1984–85
29 February 1984
43
1985–86
16 March 1985
V. P. Singh
Rajiv Gandhi
44
1986–87
28 February 1986
46
1987–88
28 February 1987
Rajiv Gandhi (Prime Minister)
47
1988–89
29 February 1988
N. D. Tiwari
48
1989–90
28 February 1989
Shankarrao Chavan
49
1990–91
19 March 1990
Madhu Dandavate
V. P. Singh
Third Front
50
1991–92
24 July 1991
Manmohan Singh
P. V. Narasimha Rao
Indian National Congress
· Union Budget History
1994-95
1994-95
Year
1994-95
Total Receipts
₹1,597,780,000,000
Fiscal Deficit
₹577,040,000,000
Total Defence Spending
₹
Major Subsidies
₹
1995-96
1995-96
Year
1995-96
Total Receipts
₹1,684,680,000,000
Fiscal Deficit
₹602,430,000,000
Total Defence Spending
₹268,790,000,000
Major Subsidies
₹125,500,000,000
1996-97
1996-97
Year
1996-97
Total Receipts
₹2,010,070,000,000
Fiscal Deficit
₹667,330,000,000
Total Defence Spending
₹294,980,000,000
Major Subsidies
₹142,330,000,000
1997-98
1997-98
Year
1997-98
Total Receipts
₹2,320,680,000,000
Fiscal Deficit
₹889,370,000,000
Total Defence Spending
₹360,990,000,000
Major Subsidies
₹183,660,000,000
1998-99
1998-99
Year
1998-99
Total Receipts
₹2,793,660,000,000
Fiscal Deficit
₹1,133,490,000,000
Total Defence Spending
₹412,000,000,000
Major Subsidies
₹210,630,000,000
1999-00
1999-00
Year
1999-00
Total Receipts
₹3,037,380,000,000
Fiscal Deficit
₹1,047,170,000,000
Total Defence Spending
₹493,530,000,000
Major Subsidies
₹256,920,000,000
2000-01
2000-01
Year
2000-01
Total Receipts
₹3,644,360,000,000
Fiscal Deficit
₹1,188,160,000,000
Total Defence Spending
₹544,610,000,000
Major Subsidies
₹269,490,000,000
2001-02
2001-02
Year
2001-02
Total Receipts
₹3,624,530,000,000
Fiscal Deficit
₹1,409,550,000,000
Total Defence Spending
₹570,000,000,000
Major Subsidies
₹305,230,000,000
2002-03
2002-03
Year
2002-03
Total Receipts
₹4,141,620,000,000
Fiscal Deficit
₹1,450,720,000,000
Total Defence Spending
₹560,000,000,000
Major Subsidies
₹446,180,000,000
2003-04
2003-04
Year
2003-04
Total Receipts
₹4,713,680,000,000
Fiscal Deficit
₹1,232,720,000,000
Total Defence Spending
₹603,000,000,000
Major Subsidies
₹447,070,000,000
2004-05
2004-05
Year
2004-05
Total Receipts
₹4,976,820,000,000
Fiscal Deficit
₹1,252,020,000,000
Total Defence Spending
₹770,000,000,000
Major Subsidies
₹465,140,000,000
2005-06
2005-06
Year
2005-06
Total Receipts
₹5,061,230,000,000
Fiscal Deficit
₹1,464,350,000,000
Total Defence Spending
₹817,000,000,000
Major Subsidies
₹468,740,000,000
2006-07
2006-07
Year
2006-07
Total Receipts
₹5,833,870,000,000
Fiscal Deficit
₹1,425,730,000,000
Total Defence Spending
₹860,000,000,000
Major Subsidies
₹534,630,000,000
2007-08
2007-08
Year
2007-08
Total Receipts
₹7,126,710,000,000
Fiscal Deficit
₹1,269,120,000,000
Total Defence Spending
₹925,000,000,000
Major Subsidies
₹697,420,000,000
2008-09
2008-09
Year
2008-09
Total Receipts
₹8,839,560,000,000
Fiscal Deficit
₹3,369,920,000,000
Total Defence Spending
₹1,142,230,000,000
Major Subsidies
₹1,297,080,000,000
2009-10
2009-10
Year
2009-10
Total Receipts
₹10,244,870,000,000
Fiscal Deficit
₹4,184,820,000,000
Total Defence Spending
₹1,417,810,000,000
Major Subsidies
₹1,413,510,000,000
2010-11
2010-11
Year
2010-11
Total Receipts
₹11,973,280,000,000
Fiscal Deficit
₹3,735,910,000,000
Total Defence Spending
₹1,541,170,000,000
Major Subsidies
₹1,734,200,000,000
2011-12
2011-12
Year
2011-12
Total Receipts
₹13,043,650,000,000
Fiscal Deficit
₹5,159,900,000,000
Total Defence Spending
₹1,709,130,000,000
Major Subsidies
₹2,179,410,000,000
2012-13
2012-13
Year
2012-13
Total Receipts
₹14,103,720,000,000
Fiscal Deficit
₹4,901,900,000,000
Total Defence Spending
₹1,817,760,000,000
Major Subsidies
₹2,570,790,000,000
2013-14
2013-14
Year
2013-14
Total Receipts
₹15,594,470,000,000
Fiscal Deficit
₹5,028,580,000,000
Total Defence Spending
₹2,034,990,000,000
Major Subsidies
₹2,546,320,000,000
2014-15
2014-15
Year
2014-15
Total Receipts
₹16,636,730,000,000
Fiscal Deficit
₹5,107,250,000,000
Total Defence Spending
₹2,186,940,000,000
Major Subsidies
₹2,582,580,000,000
2015-16
2015-16
Year
2015-16
Total Receipts
₹17,907,830,000,000
Fiscal Deficit
₹5,327,910,000,000
Total Defence Spending
₹2,258,950,000,000
Major Subsidies
₹2,418,330,000,000
2016-17
2016-17
Year
2016-17
Total Receipts
₹19,751,940,000,000
Fiscal Deficit
₹5,356,180,000,000
Total Defence Spending
₹2,517,810,000,000
Major Subsidies
₹2,040,250,000,000
2017-18
2017-18
Year
2017-18
Total Receipts
₹21,419,730,000,000
Fiscal Deficit
₹5,910,620,000,000
Total Defence Spending
₹2,765,740,000,000
Major Subsidies
₹1,911,830,000,000
2018-19
2018-19
Year
2018-19
Total Receipts
₹23,151,130,000,000
Fiscal Deficit
₹6,494,180,000,000
Total Defence Spending
₹2,908,020,000,000
Major Subsidies
₹1,967,690,000,000
2019-20
2019-20
Year
2019-20
Total Receipts
₹26,863,300,000,000
Fiscal Deficit
₹9,336,510,000,000
Total Defence Spending
₹3,186,650,000,000
Major Subsidies
₹2,283,410,000,000
2020-21
2020-21
Year
2020-21
Total Receipts
₹35,170,240,000,000
Fiscal Deficit
₹18,182,910,000,000
Total Defence Spending
₹3,400,940,000,000
Major Subsidies
₹7,077,070,000,000
2021-22
2021-22
Year
2021-22
Total Receipts
₹37,912,579,400,000
Fiscal Deficit
₹15,845,210,000,000
Total Defence Spending
₹3,665,460,000,000
Major Subsidies
₹4,461,500,000,000
2022-23
2022-23
Year
2022-23
Total Receipts
₹41,947,800,000,000
2023-24 (Provisional Actuals)
2023-24 (Provisional Actuals)
Year
2023-24 (Provisional Actuals)
Total Receipts
₹46,147,140,000,000
2024-25
2024-25
Year
2024-25
Total Receipts
₹48,200,000,000,000
Fiscal Deficit
₹48,200,000,000,000
Year
Total Receipts
Fiscal Deficit
Total Defence Spending
Major Subsidies
1994-95
₹1,597,780,000,000
₹577,040,000,000
₹
₹
1995-96
₹1,684,680,000,000
₹602,430,000,000
₹268,790,000,000
₹125,500,000,000
1996-97
₹2,010,070,000,000
₹667,330,000,000
₹294,980,000,000
₹142,330,000,000
1997-98
₹2,320,680,000,000
₹889,370,000,000
₹360,990,000,000
₹183,660,000,000
1998-99
₹2,793,660,000,000
₹1,133,490,000,000
₹412,000,000,000
₹210,630,000,000
1999-00
₹3,037,380,000,000
₹1,047,170,000,000
₹493,530,000,000
₹256,920,000,000
2000-01
₹3,644,360,000,000
₹1,188,160,000,000
₹544,610,000,000
₹269,490,000,000
2001-02
₹3,624,530,000,000
₹1,409,550,000,000
₹570,000,000,000
₹305,230,000,000
2002-03
₹4,141,620,000,000
₹1,450,720,000,000
₹560,000,000,000
₹446,180,000,000
2003-04
₹4,713,680,000,000
₹1,232,720,000,000
₹603,000,000,000
₹447,070,000,000
2004-05
₹4,976,820,000,000
₹1,252,020,000,000
₹770,000,000,000
₹465,140,000,000
2005-06
₹5,061,230,000,000
₹1,464,350,000,000
₹817,000,000,000
₹468,740,000,000
2006-07
₹5,833,870,000,000
₹1,425,730,000,000
₹860,000,000,000
₹534,630,000,000
2007-08
₹7,126,710,000,000
₹1,269,120,000,000
₹925,000,000,000
₹697,420,000,000
2008-09
₹8,839,560,000,000
₹3,369,920,000,000
₹1,142,230,000,000
₹1,297,080,000,000
2009-10
₹10,244,870,000,000
₹4,184,820,000,000
₹1,417,810,000,000
₹1,413,510,000,000
2010-11
₹11,973,280,000,000
₹3,735,910,000,000
₹1,541,170,000,000
₹1,734,200,000,000
2011-12
₹13,043,650,000,000
₹5,159,900,000,000
₹1,709,130,000,000
₹2,179,410,000,000
2012-13
₹14,103,720,000,000
₹4,901,900,000,000
₹1,817,760,000,000
₹2,570,790,000,000
2013-14
₹15,594,470,000,000
₹5,028,580,000,000
₹2,034,990,000,000
₹2,546,320,000,000
2014-15
₹16,636,730,000,000
₹5,107,250,000,000
₹2,186,940,000,000
₹2,582,580,000,000
2015-16
₹17,907,830,000,000
₹5,327,910,000,000
₹2,258,950,000,000
₹2,418,330,000,000
2016-17
₹19,751,940,000,000
₹5,356,180,000,000
₹2,517,810,000,000
₹2,040,250,000,000
2017-18
₹21,419,730,000,000
₹5,910,620,000,000
₹2,765,740,000,000
₹1,911,830,000,000
2018-19
₹23,151,130,000,000
₹6,494,180,000,000
₹2,908,020,000,000
₹1,967,690,000,000
2019-20
₹26,863,300,000,000
₹9,336,510,000,000
₹3,186,650,000,000
₹2,283,410,000,000
2020-21
₹35,170,240,000,000
₹18,182,910,000,000
₹3,400,940,000,000
₹7,077,070,000,000
2021-22
₹37,912,579,400,000
₹15,845,210,000,000
₹3,665,460,000,000
₹4,461,500,000,000
2022-23
₹41,947,800,000,000
2023-24 (Provisional Actuals)
₹46,147,140,000,000
2024-25
₹48,200,000,000,000
₹48,200,000,000,000

References

  1. The Times of India
    https://timesofindia.indiatimes.com/business/faqs/budget-faqs/how-does-government-prepare-its-union-budget-every-year/articleshow/89230483.cms
  2. NDTV
    https://www.ndtv.com/india-news/end-of-92-year-journey-no-more-rail-budget-from-next-year-1464559
  3. Business Today
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  4. www.indiabudget.gov.in
    https://www.indiabudget.gov.in/previous_union_budget.php
  5. "Budget with a difference"
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  6. Firstpost.com
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  7. NDTV
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  8. Deccan Herald
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  9. www.ndtv.com
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  10. money.bhaskar.com
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    https://web.archive.org/web/20240130093744/https://thehinduvoice.com/unveiling-the-interim-budget-2024-blueprint/
  12. pib.nic.in
    http://pib.nic.in/feature/feyr2003/ffeb2003/f240220031.html
  13. "Budget 2020: Who gave the longest Budget speech?"
    https://www.deccanherald.com/business/budget-2020/budget-2020-who-gave-the-longest-budget-speech-798016.html
  14. "Meet Manmohan Singh, the economist"
    http://www.rediff.com/money/2004/may/20man2.htm
  15. IANS
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  16. Moneycontrol
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  17. Patrika Group
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  18. Mint
    https://www.livemint.com/budget/news/budget-2019-full-text-of-piyush-goyal-s-budget-speech-1549020796632.html
  19. Government of India
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  20. "Key Highlights of Union Budget 2019-20"
    https://pib.gov.in/PressReleseDetail.aspx?PRID=1577423
  21. The Economic Times
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  22. "Previous Union Budgets"
    https://www.indiabudget.gov.in/previous_union_budget.php
  23. "Receipt Budget, 2022-2023"
    https://web.archive.org/web/20230209224649/https://www.indiabudget.gov.in/budget2022-23/doc/rec/ar.pdf
  24. "Receipt Budget, 2023-2024"
    https://web.archive.org/web/20241118194620/https://www.indiabudget.gov.in/budget2023-24/doc/rec/ar.pdf
  25. www.indiabudget.gov.in
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  26. India Briefing News
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  27. Business Standard Budget 2024-25 "Stay Updated with Latest Budget News"
    https://www.business-standard.com/budget
  28. Total Receipts includes tax revenue, non-tax revenue and capital receipts.
  29. Fiscal deficit is defined as revenue receipts plus total non-debt receipts minus total expenditure, and is reflective of
  30. Total Defense Spending is a sum of both Revenue and Capital Expenditure on Defense Services (in budgets prior to 2015).
  31. Major Subsidies includes Fertiliser, Food and Petroleum, as per budgets from 2016 onwards.
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