A Comprehensive History of India's Union Budget Impact from 1947 to 2024
Tuesday, 23 July 2024, 03:19
Transformative Union Budgets in India
The Union Budget of 2024 is a reflection of India's economic evolution since 1947.
Key Milestones
- 1991 Budget Reform: Introduction of LPG policy by Manmohan Singh.
- Trade Policy Changes: Aimed at increasing forex reserves.
- Income Tax Revisions: Multiple revisions during different tenures.
Conclusion
These decisions highlight the government's focus on balancing growth and fiscal discipline while setting the foundation for future economic policies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.