Budget 2024 Upsc Summary. The union budget of india is an annual financial statement presented by the ministry of finance. The union budget is the annual financial statement of the union government of india that is presented every year on the 1st of february by the finance minister (fm) in the lok sabha.

A significant allocation of rs 1.48 lakh crore is earmarked for education,. The budget includes macroeconomic details in part a and taxation.