India urgently needs a fresh assessment of the government’s staffing needs so that salaries can be rationalized and its fiscal burden eased. Even if demands get louder for a new Pay Commission, we must not simply go in for another round of pay hikes for government employees.
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1 min read27 Jun 2023The 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