Budget 2017 will be unique in more ways than one: first, the govt will do away with the taxonomy of plan and non-plan expenditure and two, the union budget will subsume the railway budget
1 min read29 Jan 2017With the 12th Five Year Plan period ending in 2017, the budget is putting an end to the practice of classifying government spending into plan and non-plan categories
2 min read27 Jan 2017The Non-Plan Expenditure is `62,785.14 crore and Plan Expenditure is `67,630.73 crore
1 min read14 Mar 2016Finance minister Arun Jaitley's third Union budget is banking on higher tax revenue for the increased overall and Plan spending for the next financial year
1 min read29 Feb 2016The government's expenditure is divided under two broad headsplan and non-plan
2 min read21 Feb 2014The govt is planning to trim non-plan expenditure to meet the fiscal deficit target of 4.8% for the current financial year, says Chidambaram
1 min read2 Oct 2013Government departments asked to cut non-Plan expenditure by 10%; curbs put on holding meetings and seminars
3 min read18 Sep 2013Fiscal constraints and political realities present tough choices to any finance minister. The Union Budget is an uneasy compromise between the two
3 min read28 Feb 2013Until the quality of finances improves and quantity of borrowing decreases, any chances of a turnaround remain muted
2 min read21 Feb 2013Expenditure cuts are being inflicted on plans necessary for growth; this is an unhappy trade-off
2 min read3 Feb 2013The 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