Which are the 3 types of budget in India?

The three types of budget in India are:

  1. Union Budget: This is the main budget of the country, presented annually by the Finance Minister on behalf of the government. It outlines the government's revenue and expenditure plans for the financial year.

  2. State Budgets: Each state in India has its own budget, presented by the state Finance Minister. These budgets outline the revenue and expenditure plans of the state government.

  3. Railway Budget: This budget was traditionally presented separately by the Railway Minister, outlining the revenue and expenditure plans of the Indian Railways, which is one of the largest rail networks in the world. However, the railway budget has now been merged with the Union Budget.