On October 10, the preparations for the Union Budget 2023 began in full earnest. From then till February 1, various departments of the government, especially Finance Ministry, will be a hive of relentless activity.
Most of the nation just sees the Finance Minister’s speech in Lok Sabha on February 1, but the budget itself is more than that. And it takes a lot of preparation, planning, coordination and forecasting to get to that day.
October-November
The budget process officially begins in September when a Budget Circular is issued, signed by Joint Secretary (Budget division) in the Finance Ministry. In it