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Why patriotism is good fiscal policy

When wielded improperly, patriotism can set off mobs, persecute groups and divide societies into rigid teams, says Kaushik Basu in his book 'The Republic of Beliefs'

10 min read20 Aug 2018

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Budget

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

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