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Latest revision as of 03:09, 3 August 2024
2011 Union budget of India
The 2011 Union Budget of India, presented by Finance Minister Pranab Mukherjee on February 28, 2011, outlined the government's financial plan for the fiscal year 2011-12. This budget, set against the backdrop of rising inflation and a global economic recovery, aimed to promote inclusive growth while addressing critical sectors such as agriculture, infrastructure, and social welfare. The budget proposed a fiscal deficit target of 4.6% of GDP, a slight reduction from previous years. Key highlights included increased allocations for rural development, education, and healthcare, along with reforms in tax structure. The budget received mixed responses from various stakeholders, reflecting concerns over fiscal discipline and economic sustainability.