How much is Union Budget of India?
Table of Contents
- 1 How much is Union Budget of India?
- 2 What is India’s total budget 2021?
- 3 What is India’s total budget 2020?
- 4 Which state has highest budget in India?
- 5 Who presented the 90th Union budget?
- 6 When was the Union budget of India for 2017-18 presented?
- 7 What are the highlights of the Union Budget 2021-22?
How much is Union Budget of India?
2020 Union budget of India
| Annual Financial Statement of the Central Government for the year 2020–21 The Finance Bill, 2020 | |
|---|---|
| Party | Bharatiya Janata Party |
| Finance minister | Nirmala Sitharaman |
| Total revenue | ₹16.01 trillion (US$210 billion) (8.5\%) |
| Total expenditures | ₹34.50 trillion (US$460 billion) (28.4\%) |
What is India’s total budget 2021?
Total Expenditure: The government is estimated to spend Rs 34,83,236 crore during 2021-22 which is an annual increase of 14\% over 2019-20.
What is India’s total budget 2020?
Total Expenditure: The government is estimated to spend Rs 30,42,230 crore during 2020-21. This is 12.7\% more than the revised estimate of 2019-20.
What is the total budget of India in 2019?
Total Expenditure: The government is estimated to spend Rs 27,86,349 crore during 2019-20. This is 13.4\% more the revised estimate of 2018-19.
What Union budget means?
Definition: According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and expenditure of the government for that particular year. Union Budget is classified into Revenue Budget and Capital Budget.
Which state has highest budget in India?
List of Indian state budgets
| State | Budget (in crore rupees) | FY |
|---|---|---|
| Kerala | 2,14,479 | 2020–21* |
| Madhya Pradesh | 2,41,375 | 2021-22 |
| Maharashtra | 4,84,091 | 2021-22 |
| Manipur | 28,824 | 2021-22 |
Who presented the 90th Union budget?
N. D. Tiwari presented the budget for 1988–89, S. B. Chavan for 1989–90, while Madhu Dandawate presented the Union budget for 1990–91. Dr.
When was the Union budget of India for 2017-18 presented?
The Union Budget of India for 2017–2018 was presented by Arun Jaitley on 1 February 2017. The Union Budget of India for 2018–2019 was presented by Arun Jaitley on 1 February 2018.
What is the meaning of Union Budget?
Definition of ‘Union Budget’. Definition: According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and expenditure of the government for that particular year.
What is Outcome Budget in India?
Outcome Budget: In India, development-related schemes such as MGNREGA, NRHM, Mid Day Meal, PMGSY, Digital India, Prime Minister Skill Development Council, etc. are started every year. The large sum of money is spent on these schemes every year. However, at present, the government doesn’t have any parameters to measure the results of these schemes.
What are the highlights of the Union Budget 2021-22?
The focus in this year’s Budget is to strengthen the Sankalp of Nation First, Doubling Farmer’s Income, Strong Infrastructure, Healthy India, Good Governance, Opportunities for youth, Education for All, Women Empowerment, and Inclusive Development among others. The Union Budget website contains the Highlights of the FY 2021-22 Budget.