The budget of India is the annual financial statement presented by the government of India outlining its revenue and expenditure for the upcoming financial year. The budget is usually presented by the Finance Minister of India in the Parliament every year, usually in the month of February.
The budget of India covers a wide range of areas, including government spending on defense, infrastructure, health, education, agriculture, and social welfare programs. It also includes revenue projections from various sources, such as taxes, customs duties, and non-tax revenues.
The size of India's budget has grown significantly over the years, with the government allocating increasing amounts of resources towards development and welfare programs. In the most recent budget, the total estimated expenditure for the financial year 2021-2022 was around Rs. 34 lakh crore (approximately US$ 468 billion).
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