HIGHLIGHTS OF THE UNION BUDGET 2024-25 Sub: Eco Sec: Fiscal Policy The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament today. The highlights of the budget are as follows: Part-A Budget Estimates 2024-25: Total receipts other than borrowings: `32.07 lakh crore. Total expenditure: `48.21 […]
Finance Minister Nirmala Sitharaman will present the first Budget of the third successive government under the leadership of Prime Minister Narendra Modi Subject: Economy Sec: National Income Context: Budget presentation is typically a quinquennial event in India. Once every five years, the Union Budget is presented twice — first as an interim budget (in […]
Economic Survey 2023-24 key takeaways Sub: Eco Sec: National Income The key takeaways of Economic Survey 2023-24 Economic Growth The survey projects a real GDP growth rate for the current financial year (FY 2024-25) between 6.5% and 7%, slightly lower than the 8.2 per cent growth estimated for the previous financial year. Domestic […]
What is the economic survey Sub: Eco Sec: National Income The Economic Survey is a detailed annual document prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance. It is formulated under the supervision of the Chief Economic Advisor (V Anantha Nageswaran is the current CEA of […]