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The Union Budget 2021 can be segregated into two parts– capital budget and revenue budget. Without understanding these two terms, it would be difficult to understand the budget. The simple formula is capital budget is the sum of capital expenditure and capital receipt while revenue budget comprises only revenue expenditure and revenue receipt. In this video, The Lallantop will try to explain these two terms in detail.
Union Budget 2021-22 will be Nirmala Sitharaman’s third consecutive budget before the Parliament and is a challenging one as she has an enormous task of managing to bring the economy back to pre-COVID levels and to tackle the curveballs thrown by the coronavirus crisis.
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Produced By: The Lallantop
Edited By: Mithlesh Yadav
