With the Union Budget 2024 to be presented on February 1, Finance Minister Nirmala Sitharaman will present her first interim budget. By the way, this will also be her 6th consecutive budget, which she will present before the Parliament. However, the government has not released the Economic Survey this time. There are Lok Sabha elections in the country in the coming months. After the formation of the new government in May, it will bring an economic survey and a full budget. The country’s Prime Minister Narendra Modi along with the Finance Minister has already said that there will be no big announcement this time. By the way, elections are going to be held in the country soon, due to which there may be populist announcements in the budget. Let us also tell you that after all the timing of the budget is going to be right. Also, how can you people give the budget live?
this is the time
Interim Budget 2024 is going to be announced on February 1 at 11 am. During the initial tenure of Narendra Modi government, former Finance Minister Arun Jaitley had changed the tradition of announcing the budget on the last working day of February.
where to watch live
Finance Minister Nirmala Sitharaman’s budget speech will be streamed live on Sansad TV and DD News. Press Information Bureau (PIB) will also telecast the budget online on its official YouTube channel and website.
What are the expectations?
Finance Minister Sitharaman has indicated that there may not be any major announcements in the upcoming budget, although media reports are pointing to possible updates in welfare schemes. According to media reports, the money received by farmers under PM Kisan Yojana can be Rs 6000 to Rs 9,000 annually. This includes increased allocation for the MGNREGS scheme and expanded coverage within the Ayushman Bharat scheme. Apart from this, attention can also be given to increasing capital expenditure. There is also hope that the government can separate the tax slab of women and make the annual income of Rs 8 lakh tax free.
How is the country’s economy?
From RBI to IMF and NSO, the outlook of India’s economic growth is looking very bright. IMF has changed its outlook to 6.5 percent. Whereas RBI had changed its outlook in December itself. RBI estimates that India’s economic growth may be 7 percent. NSO had released its first estimate in the month of January. NSO had said that the country’s economy growth rate could be 7.3 percent.
