Introduction to Government Budget | Meaning and Need | Macroeconomics | Ecoholics

Government budget refers to an annual financial statement that denotes its anticipated expenditure and expected revenue generation in a fiscal year. It is presented by the government in Lok Sabha at the beginning of every fiscal year, to give an estimate of its expenditure and receipts for the upcoming year.
The term “Annual Financial Statement” of a nation is often used to define government budget
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