Union Budget 2010-11 - General Knowledge Today

Union Budget 2010-11

India's finance minister Pranab Mukherjee unveiled the Union Budget 2010-11 on Friday, February 26, 2010.
Budget is not just a statement of Government accounts, but it reflects the Government’s vision and indicates the policy of the government, which decides the path of the economy for the future.
In this post the budget has been discussed at a length. The author tried to clear all the fundamentals of the budget, which every person should know and understand. The author has started this discussion from the constitutional position of the budget to all aspects and tries to cover almost all topics of the budget with special emphasis on development programmes as well as covering almost all sectors of the Economy of India.
While going through the speech and other budget documents:

  1. We can analyze that the Government wishes to bring the economy back to the growth rate of 9% on which it was a few years back.
  2. We also come to know that Government has tried to mold its fiscal policy in tune with the recommendations of the 13th Finance Commission.
  3. We can also see that a large chunk of expenditure is going to the Social Sector of our economy.
  4. The budget also introduced some new schemes, Budget tried for fiscal consolidation and Govt. is coming back to the disinvestment agenda.

We can hear the voices of opposition regarding a cut motion they wish to bring, after the base excise tax on the petrol and diesel was raised.
Millions of words have been uttered in the media, and millions will more be uttered, but here, we have tried to bring out all those things which might be helpful for you to understand the basics as well as note & learn those points which may be useful for all examinations. Each Post has been linked to another so, that it does not confuse you while going through these pages.

  1. Indirect and Direct tax proposals (To be updated )
  2. States Plan in Budget 2010-11 (To be updated)
  3. Defense in Budget (To be updated)
  4. Overall analysis of Budget
  5. List of India's Development Programmes

End.

Last Updated: January 31, 2012

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Comments

  1. Sorry for not abiding by your words about not to comment till that msg is there....but couldn't resist myself from wishing u a VERY VERY HAPPY B'DAY!!!

  2. Admin says:

    Thank You Abhijit. Today is my 34th Birthday and I thank all of my Friends for their wellwishes.

  3. Anonymous says:

    Belated happy B'day sir

  4. DIVYA says:

    Sir,
    happy birthday sir...

  5. Mandeep Singh Jaggi says:

    those surely were the special days when people like u came to this world. wish u a wonderful life

  6. Mandeep Singh Jaggi says:

    please complete the books & authors section. A special section on V.S.Naipul at the earliest i guess will be beneficial.

  7. Anonymous says:

    happy b'day sir!!!!!!!!!!!

  8. Suresh A K says:

    Hi...
    Belated Wish u Happy Birthday :)

  9. Anonymous says:

    Belated Happy Birthday Sir.. My prayful wishes to you

  10. vidhi says:

    Very Very happy Birthday to you Sir...
    Have a GR8 Year AHEAD..

  11. Anonymous says:

    janmadin mubarak ho sir.

    ranjan39@gmail.com

  12. Anonymous says:

    Be lated happy birthday...may god bless you and give you long life

  13. Anonymous says:

    belated happy bday sir

  14. Anonymous says:

    Belated wishes :-)

  15. Anonymous says:

    hello sir!! frst of all thnk u so mch sir for ur efforts...ans aage main ye jaan na chahta hu ki..ye unupdated section kab tk updated honge!!...

  16. Admin says:

    By end of March

  17. I know the work you are doing for us is much taxing for you....but again I'll request you to have a look on the budget section...It'll be good for us if you complete it..because for budget I'm dependent on you...

  18. Anonymous says:

    HIIIIII.This is a great work.

  19. Anonymous says:

    gr8 work

  20. varun says:

    thanks to the person invented this site.

  21. Anonymous says:

    though i m very late 2 wish u...but wish u very happy belatd bady !! :)

  22. Anonymous says:

    happy birthday

  23. dinesh says:

    Sir, the above links are note opening the correct pages, we were diverted to current issues pages, Its a request to please correct the anomaly.
    Thank you
    regards