The Union Budget for the financial year 2024-25 is scheduled to be presented in the Lok Sabha on July 23. This significant announcement was made by the Minister of Parliamentary Affairs, Kiren Rijiju.
The Budget Session of the Parliament will take place from July 22 to August 12. This session will involve discussions and debates on various financial policies and plans for the upcoming year.
Minister Rijiju shared the schedule on X, formerly known as Twitter, stating, “Hon’ble President of India, on the recommendation of the Government of India, has approved the proposal for summoning of both the Houses of Parliament for the Budget Session, 2024 from 22nd July 2024 to 12 August 2024 (Subject to exigencies of Parliamentary Business).”
Hon’ble President of India, on the recommendation of Government of India, has approved the proposal for summoning of both the Houses of Parliament for the Budget Session, 2024 from 22nd July, 2024 to 12 August, 2024 (Subject to exigencies of Parliamentary Business). Union Budget,…
— Kiren Rijiju (@KirenRijiju) July 6, 2024
On July 23, Finance Minister Nirmala Sitharaman will present the full budget of the Modi 3.0 government in the Lok Sabha. This will be a crucial moment for the government, outlining its financial and economic plans for the year 2024-25. The budget presentation is a key event that impacts various sectors, including education, healthcare, infrastructure, and more.
Earlier this year, an interim budget was presented in Parliament on February 1. The interim budget was a temporary financial plan meant to cover government expenses until the full budget could be prepared and presented. Now, the full budget will provide a comprehensive overview of the government’s financial strategies and priorities for the entire financial year.
The Union Budget is a vital document that outlines the government’s revenue and expenditure plans. It impacts everyone, from individual taxpayers to large corporations, and sets the tone for the country’s economic direction. Key areas such as tax policies, social welfare programs, defense spending, and infrastructure development are typically addressed in the budget.
As the Budget Session approaches, all eyes will be on the government to see how it plans to navigate the economic challenges and opportunities in the upcoming year. The presentation of the Union Budget on July 23 will be a significant event, shaping India’s financial landscape for 2024-25.
Comments