What is the Budget of India?
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Union budget of India
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DescriptionThe Union Budget of India, also referred to as the Annual Financial Statement in the Article 112 of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialised before the beginning of new financial year in April.
Explanation:
The budget didn't contain any major proposals to boost spending. Total expenditure, including resources of state-run companies, for the fiscal year to March is estimated at 33.2 trillion rupees, compared with 34 trillion rupees forecast in February's interim plan.
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