Indian History

Budget-Documents List

    The list of Budget documents presented to the Parliament, besides the Finance Minister’s Budget Speech, is given below:
    A. Annual Financial Statement (AFS)
    B. Demands for Grants (DG)
    C. Finance Bill
    D. Statements mandated under FRBM Act:
    i. Macro-Economic Framework Statement
    ii. Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement
    E. Expenditure Budget
    F. Receipt Budget
    G. Expenditure Profile
    H. Budget at a Glance
    I. Memorandum Explaining the Provisions in the Finance Bill
    J. Output Outcome Monitoring Framework
    K. Key Features of Budget 2021-22
    L. Implementation of Budget Announcements,2020-2021

The documents shown at Serial Nos. A, B, and C are mandated by Art. 112,113 and 110(a) of the Constitution of India respectively, while the documents at Serial No. D(i) and (ii) are presented as per the provisions of the Fiscal Responsibility and Budget Management Act, 2003. Other documents at Serial Nos. E, F, G, H, I, J, K and L are in the nature of explanatory statements supporting the mandated documents with narrative in a user-friendly format suited for quick or contextual references. The “Output Outcome Monitoring Framework” will have clearly defined outputs and outcomes for various Central Sector Schemes and Centrally Sponsored Schemes with measurable indicators against them and specific targets for FY 2021-22.