What is Union Budget? Types & Components Explained | Union Budget 2026 скачать в хорошем качестве

What is Union Budget? Types & Components Explained | Union Budget 2026

What is Union Budget? Types & Components Explained | Union Budget 2026 The Union Budget is one of the most important topics for UPSC Prelims and Mains, yet many aspirants study it without conceptual clarity. In this video, we explain what the Union Budget actually is, how it is defined in the Indian Constitution (Article 112), and how UPSC frames tricky questions from this area — including questions already asked in UPSC 2024. This session covers: What is the Union Budget and why it is constitutionally called the Annual Financial Statement Why Parliament’s approval is mandatory for government spending Major components of the Union Budget: Revenue (Tax Revenue & Non-Tax Revenue) Expenditure (Revenue Expenditure & Capital Expenditure) Important deficit concepts: Revenue Deficit Fiscal Deficit Primary Deficit How to use the Union Budget effectively for: UPSC Prelims (constitutional provisions, terms, schemes, tax changes) UPSC Mains (GS Paper III) (policy direction, priorities, analysis) The video also explains how to read the Budget smartly, what to focus on, and what to ignore — so that aspirants don’t get overwhelmed by numbers. This is a must-watch foundation video before studying the upcoming Union Budget and Economic Survey. -- #unionbudget #unionbudget2026 #upscbudget #budgetforupsc #whatisthebudget #indianeconomy #economyforupsc #gs3economy #upscprelims #upscmains #iaspreparation #civilservicesexam #budgetanalysis #budgetconcepts #article112 #annualfinancialstatement #nirmalasitharaman #modigovernment #economiccurrentaffairs #economycurrentaffairs #budgetstrategy #upsc2025 #upsc2026 #prelimsstrategy #mainsstrategy #competitiveexams #governmentexams #iasaspirants #unacademyupschindi #letscrackupsccsehindi #upsc2027 #upsc2027 union budget upsc,union budget explained,what is union budget,union budget basics,union budget for beginners,union budget upsc 2025,union budget upsc 2026,indian budget explained,budget constitution article 112,annual financial statement india,budget revenue and expenditure,revenue expenditure capital expenditure,revenue deficit fiscal deficit primary deficit,deficit concepts upsc,budget prelims strategy,budget mains answer writing,budget gs paper 3,indian economy upsc,economic current affairs upsc,budget important topics upsc,nirmala sitharaman budget,modi government budget,union budget analysis upsc,budget related questions upsc,previous year questions budget upsc,budget concepts for competitive exams,ias economy basics,upsc economy foundation,budget notes upsc,economy for upsc beginners,union budget 2026,union budget,union budget 2026 live,union budget 2026 expectations,union budget 2026 hindi,shubham sisodiya,unacademy upsc hindi