The union budget serves as a crucial instrument of growth by allocating financial resources to various sectors, thereby stimulating economic activity and development. It outlines government priorities, enabling investments in infrastructure, education, and healthcare, which can enhance productivity and improve living standards. Additionally, by adjusting tax policies and public spending, the budget can influence consumer and business confidence, driving private sector investment and consumption. Overall, a well-structured budget fosters a conducive environment for sustainable economic growth.
Union budget is always presented first in - The Loksabha
The Finance Minister of India presents the budget each year.Finance Minister of India presents the Union Budget every year in the indian Parliament.
prateek chaudhary
The first woman to submit a budget in India was Nirmala Sitharaman, who presented the Union Budget for the fiscal year 2019-20 on July 5, 2019. She made history as the first female Finance Minister to do so, following the tradition of budget presentations in the country. Prior to her, Indira Gandhi served as Prime Minister but did not hold the finance portfolio during budget presentations. Sitharaman's budget addressed various economic issues while aiming to boost growth and investment.
A national budget is an example of fiscal policy, as it outlines a government's planned revenue and expenditure for a specific period, typically a year. It serves as a tool for economic management, reflecting priorities in areas such as public services, infrastructure, and social programs. Additionally, the national budget can influence economic growth, inflation, and employment levels, making it a critical instrument for shaping a country's economic direction.
The budget of Union Public Schools is 86,013,694 dollars.
Union budget is always presented first in - The Loksabha
The budget of Greenfield Union School District is 100 dollars.
The budget of American Civil Liberties Union is 106 dollars.
The budget of National Credit Union Administration is 225,400,000 dollars.
The budget of National Credit Union Foundation is 9,972,048 dollars.
The budget of Armenian General Benevolent Union is 36,000,000 dollars.
The budget of Rosedale Union School District is 44 dollars.
It is the Union Finance Minister who present the Union Budget in both houses of parliament for approval, after which the President consents to the budget to become an Act.
The budget of Merced Union High School District is 104,265,000 dollars.
The budget of New England Rugby Football Union is 85,000 dollars.
The budget of Tempe Union High School District is 159,833,346 dollars.