What Goes Behind Preparing The Union Budget?

Over the years, numerous governments have tried to notch a balance between economic growth and social equality via their understanding of resource allocation. The Union Budget presented by the Finance Minister aims at laying out a roadmap for India's financial and fiscal reforms. However, not every terminology is layman-friendly. Business Today, therefore, brings you Budget Explainers which not only help decode the impact but also unravel what happens before the FM rises in the Lok Sabha to present the Union Budget every year.