Business News
2 min read | Updated on June 28, 2024, 12:53 IST
SUMMARY
The Finance Minister is likely to present the Union Budget for the financial year 2024-25 in the second half of July. According to media reports, the budget can take place on July 22 or July 23.
The Union Budget is expected to lay out the economic agenda of the NDA government.
Union Budget 2024-25 date: Union Finance Minister Nirmala Sitharaman is all set to create history in July by becoming the first finance minister of India to present seven consecutive union budgets. She will surpass the record held by Morarji Desai, who had presented six straight budgets.
"In the upcoming session, the government will introduce its first budget for this term. This budget will be an impressive document of the government's far-reaching policies and futuristic vision. In this budget, along with major economic and social decisions, many historical steps are also to be seen," the President said.
The Finance Minister is likely to present the Union Budget for the financial year 2024-25 in the second half of July. According to media reports, the budget can take place on July 22 or July 23.
Upstox will also be providing all the latest updates, breaking developments and analyses related to the Budget presentation.
The forthcoming budget is expected to lay out the economic agenda of the Modi government. The finance minister will likely take measures to boost growth without shooting inflation.
As per the Reserve Bank of India's (RBI's) estimates, India's economy is forecasted to grow by 7.2% in the current financial year due to improvements in rural demand and moderate inflation.
The key policies for the NDA government would include dealing with stress in the agriculture sector, creating employment, sustaining capex momentum, and boosting revenue growth to be on the fiscal consolidation path.
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