Budget 2024: This year's budget is an interim one, where the government only seeks advance grants to meet the country's expenditure till a new government takes charge after the Lok Sabha elections
The Union Cabinet headed by Prime Minister Narendra Modi on Thursday approved the pre-election budget 2024-25, sources said. Following this, Finance Minister Nirmala Sitharaman will present her sixth budget in the Lok Sabha. She will equal the record of former Prime Minister Morarji Desai. Sitharaman, the first full-time woman finance minister of the country, has presented five full budgets since July 2019 and will present an interim or vote-on-account budget on Thursday. With this, she will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row. Desai, as finance minister, had presented five annual budgets and one interim budget between 1959 and 1964. The interim budget 2024-25 will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.
Here's what political leaders are saying ahead of Finance Minister Nirmala Sitharaman's Interim Budget presentation
In 2019, Sitharaman did away with the traditional Budget briefcase and instead went for a 'bahi-khata' with the national emblem to carry the speech and other documents
The Centre has been successfully guarding the Union Budget every year till the finance minister presents it during the Budget session. Read on to find how they do it
Budget 2024: Nirmala Sitharaman, at an event in early December, had said that there wouldn't be any "spectacular" announcements in the February 1 interim Budget as the country is in election mode
Ahead of Budget 2024, here is a recap of the Budget presented by Union Finance Minister Nirmala Sitharaman on February 1, 2023
All eyes have turned to Finance Minister Nirmala Sitharaman ahead of Budget 2024. From boosting job creation to income tax reliefs, here's what the nation wishes for
The budget session of the Gujarat assembly will begin on Thursday and the state budget for FY 2024-25 will be presented on Friday, a state minister said. The budget will reflect the vision of the state government for the next year and a road map for the next 25 years, he said. The opposition Congress has said it will corner the Bharatiya Janata Party (BJP) government on a range of issues including inflation, unemployment, and the recent boat capsize tragedy in a lake in Vadodara, resulting in the death of 12 students and two teachers. The budget session will start with the customary address of Governor Acharya Devvrat. "On the first day, the governor will present the previous year's achievements of the state government in his address to the House," Legislative and Parliamentary Affairs Minister Rushikesh Patel told reporters in Gandhinagar on Wednesday. Finance Minister Kanubhai Desai will present the budget on the next day (February 2). The budget will reflect the vision of the s
She is expected to highlight the Modi government's 10-year economic performance, but will hold back on expensive schemes to lower the fiscal deficit.
Stocks to watch on February 1, 2024: Paytm expects an impact of Rs 300-500 crore to its annual EBITDA from the RBI's action on Paytm Payments Bank
This year's Budget is an interim budget as it will only focus on the government expenditure until a new government takes charge
Budget 2024: Various sectors such as the agriculture, education, gaming industry among others have expressed their wishlist, hoping for incentives and policy considerations to boost their performances
Budget 2024: The key fiscal exercise acts as the financial roadmap that shapes the country's economy. It paves the way for the design and implementation of different welfare schemes and policies
A cursory look at the 2019-20 Interim Budget shows the Narendra Modi government may like to keep its fiscal maths credible
The Congress on Wednesday asserted that it would raise the issues of inflation, unemployment and Manipur unrest during the Budget Session of Parliament. The party's strategy for the Budget Session was discussed in a meeting of the Congress parliamentary strategy group chaired by the party's parliamentary party chief Sonia Gandhi. Congress President Mallikarjun Kharge and other party leaders attended the meeting. After the meeting, Congress' deputy leader in Rajya Sabha Pramod Tiwari said, "In the presence of Congress leader Sonia Gandhi and party president Mallikarjun Kharge, a meeting was held." "The President of India's address (at the joint sitting of both the Houses ahead of the Budget Session) is usually about the steps that the government will undertake in future; there was no mention of inflation, unemployment, doubling farmer's income and the Manipur issue. We want these issues to be raised," the Congress leader said. Congress' chief whip in Lok Sabha K Suresh said there w
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Budget 2024 time: FM Nirmala Sitharaman's Budget speech is expected to start at 11 am on February 1
Unlike every year, the Economic Survey will not be presented on January 31, a day before the Budget 2024 presentation
Finance minister Nirmala Sitharaman is set to present the budget for Financial Year 2024-25 on February 1. This will be the final annual financial statement of the PM Modi government's second term