Union Budget 2024 LIVE Updates: Transformative Financial Blueprint Unveiled by Nirmala Sitharaman – Narendra Modi’s Vision for India’s Prosperity
New Delhi: Finance Minister Nirmala Sitharaman is presenting her seventh consecutive Budget in Parliament today, Tuesday, July 23. The Budget for 2024-25, deemed as the action plan for the Modi 3.0 government, aims to chart a roadmap for India’s development over the next five years. Expectations are high for increases in basic exemption limits under both old and new tax regimes as a significant relief for the middle class.
Prime Minister Narendra Modi expressed confidence that the Finance Minister would present a strong budget, ensuring that government benefits reach the common man. On the first day of the Monsoon Session, Sitharaman tabled the Economic Survey in Parliament, setting the stage for today’s budget presentation.
Live updates from the parliamentary proceedings indicate key announcements. For instance, the government will provide a one-month wage to all first-timers entering the workforce in all sectors. Additionally, a significant push towards natural farming is planned, with one crore farmers to be introduced to this method over the next two years.
The Lok Sabha convened at around 11:02 AM as Sitharaman prepared to deliver her budget speech. Prior to this, copies of the Budget were brought to Parliament, and the Finance Minister arrived after a meeting with President Droupadi Murmu. Notably, markets opened favorably ahead of the Budget, with the Sensex rising 220 points to 80,740 and the Nifty gaining 59 points.
Stay tuned for more updates on the Union Budget 2024 as they unfold.
Featured Video Of The Day: All MP Panel On NDTV Ahead Of Budget.
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