Shrey-IAS

Current Affairs - Budget

Highlights of the Union Budget 2022-23

On 1st February 2022, Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 in Parliament. It was the second paperless budget.

  • Union Budget seeks to lay foundation and give blueprint of economy over ‘Amrit Kal’ of next 25 years – from India at 75 to India at 100.

Summary of the Economic Survey 2021-22

With the central theme “Agile Approach”, the Economic Survey 2021-2022 was presented by the Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman on 31st January 2022.

The Survey states that the year ahead is well poised for a pick-up in private sector investment with the financial system in a good position to provide support to the revival of economy.


Budget Introduces Agriculture Infrastructure And Development Cess (AIDC)

Agriculture Infrastructure & Development Cess (AIDC), has been introduced in the Budget 2021-22 to aid the agri sector. The cess is not uniform and varies from product to product. Proposed Agriculture Cess Items ...

Vote On Account

Why is it in News?

In the election year, the outgoing government either presents an Interim Budget or seeks


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