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The 2025 Union budget of India was presented by Finance Minister Nirmala Sitharaman on 1 February 2025 for the financial year 2025-2026. [1] This was the first full financial year budget of Prime Minister Narendra Modi's third term in office.
BJP: INDIA: 2024: 3: Assam: INC: INDIA: ... As of 8 February 2025, NDA have government in 19 States and 2 Union Territories. INDIA bloc have government in 8 States ...
The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
The Bharatiya Janata Party (BJP) is one of the two major political parties in India and has been the ruling party since the 16th Lok Sabha.It successfully sought re-election in the 2024 parliamentary election as the leading party of the National Democratic Alliance, with Narendra Modi as its Prime Ministerial candidate.
The 2024 Interim-Union Budget of India [1] provides comprehensive information regarding the projected revenue and government spending for the fiscal year 2024–25, commencing on 1 April 2024 and concluding on 31st March 2025. [2] [3] [4]
Schemes that the central government fully funds are referred to as "central sector schemes" (CS). In contrast, schemes mainly funded by the center and implemented by the states are "centrally sponsored schemes" (CSS). [1] In the 2022 Union budget of India, there are 740 central sector (CS) schemes. [2] [3] and 65 (+/-7) centrally sponsored ...
The budget deficit is forecast at 2.53% of GDP, down from an estimated 2.70% in 2024 and comfortably below a limit of 3% legislated in Southeast Asia's largest economy.
The Union Budget of India, also known as the Annual Financial Statement under Article 112 of the Indian Constitution, is the country's annual financial plan prepared by the Ministry of Finance. It outlines the government's expected revenues, collected by the Department of Revenue, and planned expenditures, managed by the Department of Expenditure.