Why Union Budget Of 1973 Is Called India’s ‘Black Budget’

India entered the 1973-74 financial year under heavy strain. The 1971 war with Pakistan had stretched government finances, especially defence spending.

avianscape.enterprises@gmail.com January 23, 2026 1 minute read

India entered the 1973-74 financial year under heavy strain. The 1971 war with Pakistan had stretched government finances, especially defence spending.

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