Budget 2021: How Is The Budget Prepared? The Budget Making Process Explained

Budget 2021: The Union Budget is an annual financial statement of the central government having details of estimated receipts, growth projections, and expenditures. Finance Minister Nirmala Sitharaman will present the budget on February 1, 2021. The budget consists of key components such as the annual financial statement, demand for grants, finance bill, the macroeconomic framework etc. Financial analysts, economists, and the common ...