What is the total amount of Indian budget?
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%) |
How much is India’s budget per year?
Since 1947, there have been a total of 73 annual budgets, 14 interim budgets and four special budgets, or mini-budgets.
Who presented the budget for 2012/13 in the Parliament of India?
Mr Pranab Mukherjee
The Union Budget for 2012-13 has been announced by Mr Pranab Mukherjee, the Union Finance Minister, in Parliament on March 16, 2012.
What is the amount of Indian Budget 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 is the annual budget of USA?
The federal budget for the 2020 fiscal year was set at $4.79 trillion.
Which methodology is employed in applying zero based budgeting?
Zero-based budgeting starts from scratch, analyzing each granular need of the company, instead of incremental budgeting increases found in traditional budgeting, Essentially, this allows for a strategic, top-down approach to analyze the performance of a given project.
What is the total budget of India 2020-21?
Total expenditure in 2020-21 is expected to be Rs 30,42,230 crore, which is 12.7% higher than the revised estimate of 2019-20.
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.
When does the budget of India come into effect?
Until 2016 it was presented on the last working day of February by the President in Parliament. The budget, which is presented by means of the Finance bill and the Appropriation bill has to be passed by Lok Sabha before it can come into effect on 1 April, the start of India’s financial year .
What does government budget value mean in India?
In India, government budget value refers to the cumulative amount of the central government fiscal deficit for current fiscal year.
What is the current budget deficit of India?
India Central Government Budget Value India’s fiscal deficit narrowed to INR 3.21 trillion in April-July 2021-22 from INR 8.21 trillion in the corresponding period of the previous fiscal year.
Who was the Finance Minister of India in 1964?
The Union budgets for the fiscal years 1959-61 to 1963-64, inclusive of the interim budget for 1962-63, were presented by Morarji Desai .On 29 February in 1964 and 1968, he became the only finance minister to present the Union budget on his birthday.