Suppose only two things are happening in a country. Making scissors and cutting hair with them. The total value of the cost of all scissors and the charge for cutting hair with them is the GDP of this country.
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There are many difficult words like GDP in the budget. Understand the meaning of 20 such difficult words with the help of home examples…
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Sketch: Sandeep Pal
Graphics: Kunal Sharma
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Other explainers related to budget-
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Dainik Bhaskar analyzed the last 3 budgets. We looked at the demands made to the Finance Minister before the budget and took the opinion of experts. Through these 3 methods, we found 5 such things, which Nirmala Sitharaman can announce in her 7th budget. Read the full explainer…
2. Why is the budget coming again in five months: Understand the budget of Modi government from the story of Vivek and his grandmother
The country’s budget means the accounts of the country’s entire financial year. Financial year means the 12-month period from 1 April to 31 March of the next year. This means that the Finance Minister prepares the accounts of where the government will get money from and where the government will spend it. Read the full explainer…
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