Recent Posts

Union Budget Part II – Interim Budget

Mr. P Chidambaram presented an Interim Union budget for the Financial Year 2014-15 on 17th Feb, 2014. When UPA Government’s term was up to May, 2014, why didn’t they present a regular budget? By the way, what is Interim budget? Let me compare this to a Marketing Manager in an …

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Basics of budget Part I

The word Budget is derived from French, which means purse.  What is budget? It is an estimate of income and expenditure for a set period of time. If you do it for yourself (estimating your income and expenditure) it can be called as ‘Personal budget’ and if it done for …

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Why Railway budget is presented separately?

Yesterday I had posted my wish list for the Union budget. Today I am writing about my wish list for the Railway budget. I wish this is the last railway budget presented in India! I wish railway budget concept itself is scrapped. Dear PM, as you have merged ministries, please …

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