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Union budget 2011

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Union Budget 2011-2012 was presented by the Finance Minister of India in Parliament on the last working day of February. Key highlights included: 1. India's GDP is estimated to grow at 9% in 2011-2012, up from 8.6% previously. Fiscal deficit is projected to fall to 4.6% from 5.1%. 2. The budget aims to boost rural development and improve public institutions and governance. 3. Total expenditure for 2011-2012 is budgeted at Rs. 12,57,729 crore, with allocations of Rs. 1,60,887 crore for social sectors, Rs. 52,057 crore for education, and Rs. 26,760

Notícias e políticaNegóciosEconomia e finanças
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Union Budget 2011-2012 By – Anuj Singh
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Union budget 2011

Notas do Editor

  1. improving our institutions, public delivery and governance practices, remain relevant
  2. The effective revenue deficit, therefore, drops to 2.3% of GDP against 3.4% of GDP