The Coronavirus pandemic broke out in December 2019 in Wuhan, China and travelled to India in early 2020. It was eventually termed as a pandemic and the governments across the world had to announce lockdowns to curb the spread of the disease. The Indian government also responded with widespread lockdowns, quarantines, treatment facilities and a vaccine drive. Production lines and businesses were shutdown, impacting economic activity and economic growth. While the virus has mutated many-folds, but the disease still continues to exist. Mint has been covering all aspects of the pandemic and we continue to do that. Get the latest Covid pandemic news, videos, opinions and special reports here.
The 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