- FRC 2027: SFG Residential program | accepting application for Tranche-2 Click Here to know more →
- CSAT Classes for Prelims 2027 by Rishi Bhargav sir starts 16 Nov. at 5 PM Click Here to know more →
- Prelims Sprint classes 2027: Starts 2nd Nov. at 4:30 PM | First class open to all. Click Here to know more →
What is the News?
Union Budget 2022-23 is to be presented by the Union Finance & Corporate Affairs Minister on 1st February, 2022.
How will the Budget 2022-23 be presented?
The Union Budget of 2021-22 was delivered in paperless form for the first time. Similarly, Budget 2022-23 will also be presented in paperless form.
The Union Budget Mobile App was also launched in 2021-22 for hassle-free access to Budget documents by Members of Parliament (MPs) and the public. The Union Budget 2022-23 would also be available on the Mobile App. The mobile app is bilingual (English & Hindi).
To maintain the secrecy of the Budget, there is a “lock-in” of the officials involved in making the Budget. These officers and staff will come in contact with their near and dear ones only after the Budget is presented.
To mark the final stage of the Union Budget making process, sweets were provided to the core staff instead of a customary Halwa ceremony every year in view of the prevailing pandemic situation.
Articles Related to Basics of Budget
Zero Based Budget, Performance Budget, Gender Budgeting
Source: This post is based on the article ‘Union Budget 2022-23 to be presented on 1st February, 2022 in Paperless form’ published in PIB on 28th January 2022.
