This study examines the yearly budgetary procedure in India and its significant effect on the Indian economy. The Indian budget, widely regarded as the country’s financial road map, significantly influences the country’s economic development, social fairness, and long-term fiscal viability. This study takes a multidisciplinary look at the components that go into budget planning and the outcomes that can be expected. The metaphor of “The Scales of Justice” is used often to represent the trade-offs that politicians in India must make between economic growth and social wellbeing. This study examines the fiscal infrastructure of India by analysing statistics, studying cases, and comparing the country to others across the world. The research digs into the difficulties Indian policymakers confront as they balance home concerns with international economic developments. It shows how the different people of India are affected by the government’s decisions about how much money to spend on things like schools, hospitals, roads, and the military. This study attempts to inform politicians, academics, and regular citizens by illuminating the intricate workings of India’s budgetary process. It adds to our knowledge of how fiscal policy choices affect India’s efforts to ensure justice and prosperity for all of its people. With any luck, this research will lead to more well-informed debates about India’s budget and how it affects the country’s economy and society.

Keywords: Indian Budget, Economy, Development.

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