Vision IAS Summary Of Union Budget 2021-2022

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As per Article 112 of the constitution, a union budget is basically the statement of the estimated receipts and expenditure of the government. It is also known as the annual financial statement of the government.

Department of Economic Affairs, Ministry of Finance is the nodal body responsible for preparing the Budget. 2021-22 is the first budget of the new decade 2021-30 and is also the first ever digital union budget.

This comes in the backdrop of unprecedented COVID-19 crisis reflects the firm commitment of the Government to boost economic growth by investing in infrastructure development.

Index

  • Health and Wellbeing
  • Physical and Financial Capital and
    Infrastructure
  • Inclusive Development for
    Aspirational India
  • Reinvigorating Human Capital
  • Innovation and R&D
  • Minimum Government, Maximum
    Governance
  • Fiscal Position
  • Direct Tax Proposals
  • Indirect Taxes
  • Glossary

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