Template:Infobox government budget
The 2022 Union Budget of India was presented by the Minister of Finance Nirmala Sitharaman on 1 February 2022, as her fourth budget. This is the third budget of Narendra Modi-led NDA government's second term. The Economic Survey for 2021–2022 was released on 31 January 2022, a day before the budget.[1]
History
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.[2] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson.[3] The first Union Budget of Independent India was presented by RK Shanmukham Chetty on 26 November 1947.[4]
Announcement
In the 2023-24 Union Budget,[5] the healthcare sector receives ₹89,155 crore, a 13% increase from the previous year's ₹79,145 crore allocation.Template:Fact
References
- ↑ Budget 2022 Live Updates: No changes in Income Tax, big push for capex. The Indian Express(1 February 2022).
- ↑ Budget 2020. Business Standard India. Retrieved 2020-01-13.
- ↑ Budget 2020: James Wilson, the man who brought budget, income tax to India. www.businesstoday.in(31 January 2020). Retrieved 2020-02-03.
- ↑ First Union Budget, November 1947: The crying concern was to dress wounds of uprooted humanity. www.telegraphindia.com. Retrieved 2020-02-03.
- ↑ Union Budget 2023: Health sector allocation sees 13% hike. mint(2023-02-01). Retrieved 2023-10-18.
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