Manashimaya
On 23rd July 2024, Union Finance Minister Nirmala Sitharaman is set to present her seventh consecutive Union Budget, marking a significant milestone in Indian political history. This Union Budget 2024 will be the first full financial budget of the Narendra Modi-led National Democratic Alliance (NDA) government in its third successive term. FM Nirmala Sitharaman’s presentation will commence at 11 am in Parliament, with live updates and coverage available across various platforms.
FM Nirmala Sitharaman to Present 7th Consecutive Budget: Date, Time, and Viewing Options
On July 23, 2024, at 11:00 a.m., FM Nirmala Sitharaman will present her budget speech in Parliament. Since it will determine the nation’s financial course for the next fiscal year, this event is much awaited. Viewers can watch live broadcasts on major news stations to observe FM Nirmala Sitharaman present her budget for the seventh time in a row, or they can follow real-time updates on multiple news websites and social media platforms. In addition, live streaming will be available on the official channels of the Parliament, offering a full viewing experience.
Key Expectations from the Union Budget 2024
Significant changes to the income tax system that will benefit all taxpayers are likely to be the primary emphasis of the Union Budget 2024–2025. It is expected that FM Nirmala Sitharaman, who is presenting the budget for the seventh time in a row, will contain measures to encourage economic growth and lower personal debt. The budget is anticipated to include measures aimed at facilitating corporate operations in India, in keeping with the government’s objective of creating an environment that is more conducive to business.
Historic Significance of the 7th Consecutive Budget
Former Prime Minister Morarji Desai set a record in 1959 and 1964 with six straight budget presentations. FM Nirmala Sitharaman will break that record with her seventh consecutive budget. This accomplishment highlights the critical role she played in determining the economic landscape of the nation. To emphasize the significance of this budget, Prime Minister Narendra Modi has described it as an essential step in the “Amrit Kaal” and a solid foundation for the idea of a “Viksit Bharat” (Developed India).
Economic Survey 2023-24 Insights
Ahead of the budget presentation, FM Nirmala Sitharaman tabled the Economic Survey 2023-24 in the Lok Sabha. This annual document reviews the state of the economy and provides an overview of the short-to-medium-term prospects. It highlights the prevailing strengths of the Indian economy and showcases the outcomes of various reforms undertaken by the government. As FM Nirmala Sitharaman prepares to present the 7th consecutive budget, the insights from the Economic Survey will play a crucial role in framing the financial policies for the upcoming year.
Conclusion
Presentation by FM Nirmala Sitharaman, the Union Budget 2024 is a historic occasion that will have a big impact on India’s economic destiny. This budget seeks to meet the requirements of all societal groups, with an emphasis on income tax relief and enhancing the ease of conducting business. In addition to outlining the government’s accomplishments, FM Nirmala Sitharaman’s seventh straight budget will also set the course for the following five years, providing a solid basis for an advanced India. Make sure to watch the live presentation on July 23, 2024, at 11 a.m., to learn about the major updates of the Union Budget 2024.
