How To Read The Budget Upsc?

How do you read a budget document?

Budget Speech. While the speech itself is a small part of the budget documents, it is the most important. Budget at a glance. Revenue and expenditure. Finance Bill. Medium Term Fiscal Policy.

What budget should I prepare for UPSC?

The Union Budget is the annual budget of the Indian Republic. It is presented every year in the month of February generally by the Union Finance Minister. On this page, you can read all about what a budget is, and what the Union Budget 2022-23 talks about. This is an important topic for the UPSC exam.

How to read economic survey for UPSC?

Read after a basic study: Students should have a basic understanding of economics, especially the basic terms like GDP, inflation, fiscal drag, etc. Read the Preface thoroughly: The Preface of the Economic Survey is like a summary of the document.

What do you understand by budget UPSC?

A government budget is an annual financial statement which outlines the estimated government expenditure and expected government receipts or revenues for the forthcoming fiscal year. Depending on the feasibility of these estimates, budgets are of three types — balanced budget, surplus budget and deficit budget.