Last update: February 1, 2023 10:48 IST
Nirmala Sitharaman presents third year paperless budget (Reuters Photo)
Launched in 2021, the Union Budget App was developed by the government’s National Informatics Center (NIC) under the direction of the Department of Economic Affairs (DEA).
Federal Finance Minister Nirmala Sitharaman will not only submit the paperless budget for fiscal year 2023-2024 to parliament on Feb. It will also be available in your application. This will be her fifth time Sitharaman presents her federal budget, which is set to take effect from 1 April.
On Wednesday morning, Sitharaman was seen holding a digital tablet wrapped in a traditional “bahikata” style pouch as he headed to parliament to present the budget in a paperless format.
Previously, the standard budget briefcase was used by finance ministers in various governments, including Modi’s predecessors Arun Jaitley and Piyush Goyal.
Paperless budgets have become a common sight in Congress since the past fiscal years of 2021 and 2022. The federal budget he will present on February 1, 2023,” the ministry said on Twitter.
The budget document will be available in English and Hindi on the Union Budget Mobile App, available for both Android and Apple OS platforms, following the completion of the Finance Minister’s Budget Address to Parliament on February 1, 2023. Become. (4/5 ) — Ministry of Finance (@FinMinIndia) January 26, 2023
The government has chosen to present its budget digitally in 2021 due to the COVID-19 pandemic, and has also chosen to encourage greener options.
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What is the Union Budget app for Android and iOS users?
Launched in 2021, the app was developed by the government’s National Information Center (NIC) under the guidance of the Department of Economic Affairs (DEA).
The entire budget document will be released to the general public in a mobile application named “Union Budget Mobile App”. The Budget application has additional sections such as Budget Highlights, Annual Financial Statements, Budget Speech and Budget at a Glance.
Also Read: Budget 2023 PDF Download: How to Access the Budget Document, Speech by FM Nirmala Sitharaman
The application can be downloaded for free from Google Play and Apple App Store. The Budget app will be updated once the Finance Minister completes the presentation. User can download the link.
History of the Federal Budget from Paper to Paperless
The first federal budget was presented in India on November 26, 1947. There have been some changes in that presentation, but the main change is his 2021 going paperless two years ago. As per Article 112 of the Indian Constitution, the Federal Budget is also known as the Annual Financial Statement.
Other aspects of the software are also available, such as the “Budget Key” which effectively teaches you how to understand your federated budget. Budget terms such as annual financial statements, grant requests, receipt budgets, and spending profiles are explained. in this section.
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