[BREAKING] Finance Minister to present Union Budget 2024-25 in Lok Sabha on 23 July

President Approves Summoning of Parliament for Budget Session 2024
Budget - Budget 2024 - Finance Minister Nirmala Sitharaman - Lok Sabha budget announcement - taxscan

Finance Minister Nirmala Sitharaman will present the Union Budget 2024-2025 on July 23, 2024 in the Lok Sabha during the budget session, as approved by the President of India.

President Droupadi Murmu, on the recommendation of the Government of India, has approved the proposal for summoning both Houses of Parliament for the Budget Session of 2024. The session is scheduled to take place from July 22 to August 12, 2024.

The announcement was made by Union Minister Kiren Rijiju via a tweet, confirming the dates and detailing the session’s agenda.

The Union Budget for the fiscal year 2024-25 will be presented in the Lok Sabha on July 23, 2024, a day after the commencement of the session. The Budget Session is one of the most critical phases in the Indian parliamentary calendar, as it involves detailed discussions and approvals of the country’s financial and economic policies for the upcoming year.

While the Budget Session will run from July 22 to August 12, 2024., the Union Budget for 2024-25 will be presented on July 23, 2024, in the Lok Sabha.

The Budget Session is a platform where the government’s fiscal policies and priorities are scrutinised and debated by the elected representatives.

Finance Minister Nirmala Sitharaman is set to present the Union Budget, outlining the government’s fiscal roadmap, addressing economic challenges, and proposing measures to stimulate growth and development. Notably, this is Sitharaman’s 7th consecutive union budget presentation in a row.

The budget is likely to focus on key sectors such as infrastructure, healthcare, education, and digital innovation, aiming to bolster the Indian economy amidst global uncertainties.

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