Union Budget 2024: When will the country’s full budget be presented? Know key dates
2 min readUnion Budget 2024: The country’s full budget is about to come back and the Finance Ministry has began getting ready for it. At current, no official announcement has been made concerning the date of presenting Budget 2024.
However, a number of reviews recommend that Union Finance Minister Nirmala Sitharaman will current it in the second fortnight of July. According to reviews, the monsoon session of Parliament is anticipated to start on July 22 and is prone to final until August 9.
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Union Finance Minister Nirmala Sitharaman introduced the Interim Budget 2024-25 earlier this 12 months earlier than the normal elections. Sitharaman will current the full budget for the present monetary 12 months after turning into the Finance Minister once more in NDA 3.0. During the second time period of the Modi authorities, Sitharaman performed an necessary position in taking ahead the financial agenda of the authorities.
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Record of presenting 7 consecutive Union Budgets
This will be the first Union Budget below PM Modi’s third time period. Sitharaman will turn into the country’s first finance minister to current 7 consecutive Union Budgets, surpassing former minister Morarji Desai’s report of 6. While serving as India’s finance minister between 1959 and 1964, Desai introduced 5 full budgets and one interim budget.
India’s GDP might develop at the charge of seven.2 % in the monetary 12 months 2024-25.
Let us let you know that the Reserve Bank of India (RBI) has elevated the GDP progress charge estimate for the present monetary 12 months 2024-25 from 7 % to 7.2 %.
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