Understanding the Indian Budget Process

What is the difference between fiscal deficit and revenue deficit?

What are the proposed sources of revenue and expected growth in revenue?

What is the formula for calculating revenue deficit?

What is the significance of the Budget in terms of economic strategy and policy priorities?

What are the stages in the enactment of the budget?

What is the role of the Finance Minister during the budget presentation?

What is the purpose of the Appropriation Bill?

What is the difference between the Union Budget and the State Budget?

What are the implications of a higher fiscal deficit?

What is the expected fiscal deficit target for FY 2025-26?