Budget Special: After 2017 the rules changed in the budget, new words added;

Categories: Budget Special

Union Budget 2022: Earlier in the budget, the expenditure of the government was divided into two sections. Plan expenditure and Non-Plan expenditure, but in the year 2017 the government abolished this classification.

New Delhi. Budget 2022: The budget is the accounting of the country's income and expenditure for a year by the government. Its period is from 1st April to 31st March. Therefore, while writing it, the budget 2022-23 (two years together) is written. There are mainly two parts of the budget, Income and Expenditure. All receipts and revenues of the government are called income and all expenditure of the government is called expenditure.

Earlier in the budget, the expenditure of the government was divided into two categories. Plan expenditure and Non-Plan expenditure, but in the year 2017 the government abolished this classification. The Finance Ministry decided to spend uniform money on government schemes. Therefore, this classification was abolished entirely.

In the earlier budget, more emphasis was on Planned expenditure and non-Plan expenditure used for maintenance and smooth running of schemes was neglected. Because of this, the government abolished it and renamed it as Capital Spending and Revenue Spending.