India's poor state capacity is often blamed on inadequate government spendingbut government inability to use allocated funds is also to blame
4 min read22 Dec 2017The 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