You are here: Home » Budget Ā» News
60% households expect dip in earning, seek relief in Budget 2023: Survey
icon-arrow-left
Gati Shakti push: 18 road projects headed for the fast lane in FY24
Business Standard

Statsguru: Six charts show average variation in the Budget estimates

In the ten years between 2012-13 and 2021-22, the government has been able to meet its Budget Estimate (BE) only four times

Topics
Budget 2023 | Union Budget

Ishaan Gera  |  New Delhi 



Union Budget
Union Finance Minister Nirmala Sitharaman

On February 1, Union Finance Minister Nirmala Sitharaman will present the last full Budget of the second Narendra Modi government. While the Budget size is expected to expand further, a Business Standard analysis found the average variation in the Budget Estimate and actuals has been 5.26 per cent. In the ten years between 2012-13 and 2021-22, the government has been able to meet its Budget Estimate (BE) only four times (chart 1). The performance on the tax front has been similar, where the government is expected to exceed its BE (chart 2). The Revised Estimate (RE) for tax collections for 2021-22 was 14.2 per cent higher than BE.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Sun, January 29 2023. 21:26 IST

RECOMMENDED FOR YOU