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The Budget-Making Process of the Government of India: Understanding Its Steps and Expenditure Categories

The budget-making process in India is an annual exercise that involves detailed planning, meticulous execution, and strategic allocation of resources to meet the economic and social objectives of the country. It is a reflection of the government’s policies and priorities for the upcoming financial year, which runs from April 1 to March 31. The budget-making…

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Understanding NITI Aayog: The Think Tank Shaping India’s Future

NITI Aayog, or the National Institution for Transforming India, is a policy think tank of the Government of India, established on January 1, 2015. It was created to replace the Planning Commission, aiming to foster cooperative federalism and promote sustainable development through innovative strategies and policies . Formation and Purpose of NITI Aayog Objectives of…

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