As of now, we are using billions in the budget. However in India, it is common to use lakhs and crores.
100,000 = 1 lakh
10,000,000 = 1crore
Hence, budgeting is best done in units of 1,000 crores (10 billion) rather than in billions as we are doing now. Let me know what you think about this and if this is going to cause too much cognitive dissonance.
100,000 = 1 lakh
10,000,000 = 1crore
Hence, budgeting is best done in units of 1,000 crores (10 billion) rather than in billions as we are doing now. Let me know what you think about this and if this is going to cause too much cognitive dissonance.
