Nirmala Sitharaman to Present Union Budget 2024-25
Finance Minister to Unveil Seventh Budget
Budget to Focus on Economic Growth and Fiscal Consolidation
New Delhi, January 31, 2024: Union Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024-25 in Parliament tomorrow, marking her seventh consecutive budget presentation. It will be the first major budget in the new Parliament elected in 2024.
The budget is expected to focus on promoting economic growth and fiscal consolidation. With India facing global economic headwinds, the government is likely to announce measures to boost investment and create jobs.
Sitharaman is also expected to announce revenue-raising measures to narrow the fiscal deficit, which is the difference between the government's income and expenditure. The fiscal deficit is a key indicator of the government's financial health.
The budget presentation will be closely watched by investors, economists, and the general public. It will provide insights into the government's economic priorities and the direction of the country's fiscal policy.
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