Union Budget of India
E25506
The Union Budget of India is the central government's annual financial statement that outlines its revenue, expenditure, and economic policy priorities for the upcoming fiscal year.
All labels observed (7)
Statements (68)
| Predicate | Object |
|---|---|
| instanceOf |
annual financial statement
ⓘ
national budget ⓘ |
| affects |
central government schemes
ⓘ
intergovernmental fiscal transfers to states ⓘ taxpayers in India ⓘ |
| alsoKnownAs |
Union Budget of India
ⓘ
surface form:
General Budget of India
|
| alsoLaidInHouse | Rajya Sabha ⓘ |
| announcedBy | Budget speech ⓘ |
| announcedOnOrAround | 1 February ⓘ |
| classification |
capital expenditure
ⓘ
capital receipts ⓘ revenue expenditure ⓘ revenue receipts ⓘ |
| component |
central sector schemes
ⓘ
centrally sponsored schemes ⓘ defence expenditure ⓘ fiscal deficit ⓘ interest payments ⓘ market borrowings ⓘ non-tax revenue ⓘ primary deficit ⓘ subsidies ⓘ tax revenue ⓘ |
| coordinatedBy | Ministry of Finance ⓘ |
| country | India ⓘ |
| coversPeriod | one fiscal year ⓘ |
| currency | Indian rupee ⓘ |
| documentType | public finance document ⓘ |
| fiscalYearEnd | 31 March ⓘ |
| fiscalYearStart | 1 April ⓘ |
| frequency | annual ⓘ |
| governingBody | Government of India ⓘ |
| includes |
Annual Financial Statement
ⓘ
Appropriation Bill ⓘ Demand for Grants ⓘ Finance Bill ⓘ capital budget ⓘ fiscal deficit target ⓘ non-plan expenditure estimates ⓘ non-tax revenue estimates ⓘ plan expenditure estimates ⓘ primary deficit target ⓘ revenue budget ⓘ revenue deficit target ⓘ tax proposals ⓘ |
| language |
English
ⓘ
Hindi ⓘ |
| legalBasis | Article 112 of the Constitution of India ⓘ |
| mergedWith |
Railway Budget of India
ⓘ
surface form:
Railway Budget of India in 2017
|
| preparedBy |
Department of Economic Affairs
ⓘ
Department of Expenditure ⓘ Department of Revenue ⓘ |
| presentedBy | Minister of Finance of India ⓘ |
| presentedIn | Parliament of India ⓘ |
| presentedInHouse | Lok Sabha ⓘ |
| previouslyAnnouncedOnOrAround | last working day of February ⓘ |
| purpose |
allocate resources among sectors
ⓘ
implement fiscal policy ⓘ maintain macroeconomic stability ⓘ outline government expenditure ⓘ outline government revenue ⓘ promote economic growth ⓘ promote social welfare ⓘ state economic policy priorities ⓘ |
| relatedTo | Railway Budget of India ⓘ |
| requiresApprovalBy | Lok Sabha ⓘ |
| subjectTo |
Fiscal Responsibility and Budget Management Act
ⓘ
parliamentary debate ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Union Budget of India Description of subject: The Union Budget of India is the central government's annual financial statement that outlines its revenue, expenditure, and economic policy priorities for the upcoming fiscal year.
Referenced by (14)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
General Budget of India
this entity surface form:
Annual Union Budget
subject surface form:
Appropriation Bill (India)
this entity surface form:
Indian Union Budget
this entity surface form:
Union Budget
this entity surface form:
President of India to cause the annual financial statement to be laid before Parliament
subject surface form:
Ministry of Finance (India)
subject surface form:
Department of Science and Technology (India)
this entity surface form:
Union budget of India