Railway budget/is modi courting a dream or nightmare with bullet trains 1610563.html Budget LIVE

The Union Budget is the annual financial statement that contains the government's revenue and expenditure for a fiscal year. The statement details the revenues from all sources, and expenditure on all activities that the government will undertake for the fiscal year. The fiscal year is calculated from 1 April-31 March. The budget contains the revenue and capital budget. A revenue budget comprises of all the revenue expenditure and receipts of the government. If the revenue expense is in excess of the receipts, the government suffers a revenue deficit. The capital budget consists of government-related capital receipts and payments. It includes investments in shares, loans and advances granted by the central government to state governments, government companies, corporations and other parties.

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