Who presented the Union budget in 2013?
P. Chidambaram
The Union Budget of India for 2013–2014 was presented by Finance Minister, P. Chidambaram on 28 February 2013, 11 AM.
What is the total budget of India?
2021 Union budget of India
| Emblem of India | |
|---|---|
| Submitted | 1 February 2021 |
| Finance minister | Nirmala Sitharaman |
| Total revenue | ₹19.76 trillion (US$260 billion) (23.4%) |
| Total expenditures | ₹34.83 trillion (US$460 billion) (1%) |
What was the deficit in 2012?
$1.101 trillion
2012 United States federal budget
| Submitted | February 14, 2011 |
|---|---|
| Deficit | $1.101 trillion (requested) 7.0% of GDP $1.087 trillion (actual) 6.8% of GDP (actual) |
| Debt | $16.65 Trillion (requested) 105.3% of GDP $16.05 Trillion (actual) 100.2% of GDP |
| GDP | $16.026 trillion |
| Website | US Government Publishing Office |
What is central budget?
Central Budget is another term for the Union Budget. It is an annual report that lists down the government’s revenue and expenditure for a fiscal year.
What was the economy of India in 2013?
Smart farm sector growth spurred India’s economy to grow 4.7 per cent in 2013-14, according to the gross domestic product (GDP) provisional estimates released on Friday. The GDP growth rate in the previous year was a decade-low of 4.5 per cent.
What was the budget deficit for 2013-14 in India?
Fiscal Deficit for 2013-14 is pegged at 4.8 percent of GDP. The Revenue Deficit will be 3.3 percent for the same period. On oil and gas exploration policy, the Budget proposes to move from the present profit sharing mechanism to revenue sharing. Natural gas pricing policy will be reviewed.
What was the Agri credit target in 2013-14 budget?
Rs 7 lakh crore target fixed for agri credit for 2013—14 compared to Rs 5.75 lakh crore in the current year. Eastern Indian states to get Rs 1,000 crore allocation for improving agricultural production. Green revolution in east India significant. Rice output increased in Assam, Odisha, Jharkhand and West Bengal;
What was the objective of Union Budget 2013-14?
The Union Budget for 2013-14 aims at ‘higher growth leading to inclusive and sustainable development.’ With this as mool mantra, the Union Finance Minister Shri P Chidambaram has sought to increase allocation to key areas and provide incentives for investments and savings while containing the fiscal deficit to 4.8% of GDP.
What was the average growth rate of India in 2012-13?
Average annual growth rate of agriculture and allied services estimated at 3.6 per cent in 2012—13 when 250 MT foodgrains was produced Rs 27,049 crore allocation to the Agriculture Ministry in 2013—14 The target for farm credit for 2013-14 has been set at Rs. 7,00,000 crore against Rs. 5,75,000 crore during the current year.