Budget – Revenue & Expenditure Analysis (Part II)
Against total receipt of Rs 22.0 lakh crore, central government is projected to spend nearly Rs 39.4 lakh crore in FY23. Other than interest payments, broad areas which account for…
Budget – Revenue & Expenditure Analysis (Part I)
The Budget proposal projects total expenditure of Rs 39.5 lakh crore against receipt of Rs 22.9 lakh crore for the year 2022-23 or FY23. This implies fiscal deficit of Rs 16.6…
Budget 2022-23 – Highlights
The budget for year 2022-23, presented by the finance minister today, looks lacklustre as it doesn’t have any big-ticket announcements. However, at a deeper level, two things stand out. One,…