Budget 2017: Some important articles you must read for competitive exams
The Union Budget 2017-18 was tabled before Parliament on February 1, 2017. A lot has been said and written about it. Here is a compilation of important articles every competitive exam aspirant must read to better understand the budget.Before you start reading about a topic it can be interesting to read about its historical background. This Economic Times blog published on the 150th anniversary of Indian Budget in 2010 is a must read.
Following the history, are some interesting facts about Indian budget by India Today giving a glimpse of the process of compiling the budget.
The Union Budget, being one of the most awaited events of the year, is a massive administrative and legislative exercise. Know how a budget is prepared, the secrecy, and legislative procedure involved in making the document.
This year, the budget was different in many ways as compared to previous years’. It was tabled well in advance, the rail budget was merged with the general budget, and the plan / non-plan classification was removed. To know the reason, click the following link
The Hindu published an article specifically about the need to merge the railway and general budget. The article also gives a brief history about why both were separated in the first place.
Indian Express came up with a decent analysis of the budget. A must read indeed.