The global oil shock may have triggered the balance of payments crisis, but years of short-sighted policy led up to it
15 min read8 Jul 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared