UNION BUDGET 2023-24 EXPLAINED IN TELUGU || TELUGU FACTS || INDIA ||

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The Union Budget is an annual financial statement presented by the Government of India in the Parliament. It outlines the government's revenue and expenditure for the upcoming fiscal year, which runs from April 1 to March 31.
The Union Budget is presented by the Finance Minister of India and includes a detailed account of the government's receipts and expenditures, as well as its fiscal policies and priorities for the coming year. It typically includes projections for key economic indicators, such as GDP growth, inflation, and fiscal deficit.
The Union Budget is a crucial policy document that impacts the lives of millions of Indians. It can influence the direction of the economy, affect social spending, and have a bearing on corporate profits, investment opportunities, and financial markets. The budget is closely watched by the public, industry, and investors, and often triggers reactions and debates across different segments of society.
The Union Budget is preceded by a series of consultations between the government, industry groups, and other stakeholders. It is prepared by the Ministry of Finance and approved by the Union Cabinet before being presented to the Parliament.
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