Budget 2024 Live: Lok Sabha passes Finance Bill 2024
Catch the live updates of Interim Budget 2024-25 here
CHENNAI: Finance Minister Nirmala Sitharaman is set to unveil the Interim Budget 2024 today, February 1.
This marks the conclusive budget of the second term of Prime Minister Narendra Modi's government since the Lok Sabha elections 2024 are scheduled in April-May.
This will be her sixth Budget as the Finance Minister and last in the second term of the Modi government.
This budget is interim in nature and the comprehensive budget for the financial year 2024-25 will be introduced only after the formation of the new government following the general elections.
Interim Budget: An Interim Budget allocates funds for essential government operations, ongoing schemes and urgent requirements. Since it is not a budget for a full year, it refrains from policy reforms.
After Lok Sabha elections, Newly appointed government will present a full budget.
Live Updates
- 1 Feb 2024 11:18 AM IST
The earlier approach of tackling poverty resulted in very modest outcomes When the poor became empowered partners in development process, government's power to assist them increases manifold In the last 10 years, the government has assisted 25 crore people to get freedom from multidimensional poverty: FM
- 1 Feb 2024 11:14 AM IST
"Social justice: Our government is working with an approach to development that is all-round, all pervasive and all inclusive," says Finance Minister Nirmala Sitharaman.
- 1 Feb 2024 11:12 AM IST
"Minimum Support Prices for the produce of annadata are periodically increased appropriately and the provision of basic necessities have enhanced real income in the rural areas," says Nirmala Sitharaman.
1 Feb 2024 11:12 AM IST"We need to focus on - Garib, Mahilayen, Yuva and Annadata; Their needs and aspirations are our highest priorities," says Finance Minister Nirmala Sitharaman in her interim Budget speech.
- 1 Feb 2024 11:11 AM IST
"When we assumed office in 2014, the country was facing enormous challenges. With 'Sabka Sath Sabka Vikas' as its mantra, the government overcame those challenges," says Union Finance Minister
- 1 Feb 2024 11:11 AM IST
In second term, the government strengthened its mantra and our development philosophy covered all elements of inclusivity, namely social and geographical With a whole of nation approach, the country overcame challenges of the COVID-19 pandemic, took long strides towards Aatma Nirbhar Bharat and laid solid foundations for Amrit Kaal: FM Sitharaman
- 1 Feb 2024 11:11 AM IST
Indian economy has witnessed profound transformation in last 10 years In 2014, the country was facing enormous challenges, the government overcame those challenges and undertook structural reforms, pro people reforms were undertaken, conditions for jobs and entrepreneurship were set in, fruits of development started reaching people at scale, country got a sense of new purpose and hope: FM
- 1 Feb 2024 11:08 AM IST
"...Our young country has high aspirations, pride in its present and hope and confidence for a bright future. We expect that our govt based on its stupendous work will be blessed again by the people with a resounding mandate."
- 1 Feb 2024 11:04 AM IST
Union Minister Nirmala Sitharaman presents the Union Interim Budget 2024-25 at the Parliament.
- 1 Feb 2024 10:59 AM IST
Congress Parliamentary Party Chairperson Sonia Gandhi arrives at the Parliament.
