[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 3 February 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

The nuts and bolts of a Union Budget

GS Paper 3  Syllabus: Government Budgeting.   Source: Indian Express Context: On February 1, Finance Minister Nirmala Sitharaman will present the Union Budget for the next financial year (2023-24). Let’s understand the basics of the Union Budget and why it is very much important for Prelims and Mains.   Constitutional Provisions According to Article 112 of the Indian Constitution, the Union …

THE UNION BUDGET (GENERAL) 2012-2013 – HIGHLIGHTS (PDF)

BUDGET SPEECH click here (pdf, 234KB) HIGHLIGHTS Budget identifies five objectives relating to  growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13 Amendment to the FRBM Act proposed  as part of Finance Bill.  New concepts of “Effective Revenue Deficit” and “Medium Term …