Abstract: India one of fastest emerging economies of the world consists the resources that provide suitable platforms for development of trade and commerce around the Globe. In recent years it attracts Investors, man power, corporate companies, technology, research, social organizations etc, from every nic and corner of the world. After the post Independence period even though there are developments in social, economical technological, educational and standard of living in rural areas there are many challenges to make this country as financially stable the programmes of the central and state govt for develop- ing the country have not achieved a remarkable progress. As every year the union budget is declared there are a lot of things to be understood which are the root cause for our economic instability.