Tuesday, 23 July 2024
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EconomyIndia

Sitharaman to Present Union Budget 2024-25 on July 22

  • Union Budget 2024-25 likely to be presented on July 22, 2024.
  • Economic Survey expected on July 3, 2024, marking the end of the special session of parliament.
  • This will be Nirmala Sitharaman’s seventh consecutive budget presentation.

The Union Budget for 2024-25 is expected to be unveiled by Finance Minister Nirmala Sitharaman on July 22, 2024. This marks her seventh consecutive budget presentation and the first full budget under the Modi 3.0 government.

The Economic Survey, which reviews the past year’s economic developments, will be presented on July 3, 2024. The monsoon session of parliament, during which the budget will be presented, will run from July 22 to August 9, 2024.

Nirmala Sitharaman Set to Present Seventh Consecutive Budget

The Union Budget for FY 2024-25 is anticipated to be presented on July 22, 2024, by Finance Minister Nirmala Sitharaman. This marks a significant milestone as it will be her seventh consecutive budget presentation.

The Economic Survey will be presented on July 3, 2024, coinciding with the conclusion of a special parliamentary session. Sitharaman’s tenure has been marked by significant reforms and responses to economic challenges, including the Covid-19 pandemic.

Since taking office, Sitharaman has implemented crucial economic policies such as the reduction of corporate tax rates and various measures to stabilize the economy. She continues to be a central figure in the Modi administration, steering the country through numerous economic challenges.

The budget preparation process will involve isolating the finance ministry in North Block to ensure confidentiality and focus. This will be the first full budget under the Modi 3.0 government, reflecting its economic priorities for the coming year.

Nirmala Sitharaman’s upcoming budget presentation is set to outline the Modi 3.0 government’s economic priorities, continuing her legacy of significant reforms and fiscal management.

“Nirmala Sitharaman has successfully steered the economy from a near 24% contraction to the fastest-growing in the world.”

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