India Budget 2024 Live:: Finance Minister Nirmala Sitharaman Begins Historic Seventh Budget Speech for India in Lok Sabha
Budget 2024 Live: FM Nirmala Sitharaman breaks records with her seventh consecutive Budget speech, surpassing Morarji Desai's six-budget streak
Finance Minister Nirmala Sitharaman has kicked off her seventh consecutive Union Budget presentation today, July 23, in Parliament. She is making history as the first finance minister to present seven budgets in a row, breaking the record set by former Prime Minister Morarji Desai, who delivered six consecutive budgets between 1959 and 1964. This Budget is also the first full one from Prime Minister Narendra Modi's third term.
The Union Budget outlines the government's planned spending and revenue for the year ahead, running from April 1, 2024, to March 31, 2025. It reviews the previous year’s achievements and sets out financial goals and allocations for the coming year.
The Budget Session of Parliament started on July 22, with Sitharaman presenting the 2024 Economic Survey a day earlier. The session will have 16 sittings over 22 days and is set to end on August 12.
Follow our live updates for the latest on Budget 2024, including changes to income tax slabs, effects on the stock market, key highlights, and reactions from businesses.
Key Moments
- Key Budget Allocations for 2024-25.
- Stock Market Reaction to Budget.
- Income Tax Slabs Updated.
- The first full Budget of Modi’s third term is presented.
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Nirmala Sitharaman Kicks Off Budget 2024 Speech in Parliament
The Budget 2024 session has begun in Parliament, and Finance Minister Nirmala Sitharaman is about to start her speech in the Lok Sabha. Follow our live updates as she reveals the government's financial plans and goals for the upcoming year.
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Nirmala Sitharaman Starts Her Seventh Budget Speech in Lok Sabha
Finance Minister Nirmala Sitharaman has kicked off her historic seventh Budget speech in the Lok Sabha today. She is expected to reveal various new allocations and initiatives, including potential income tax relief for individuals and businesses.
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Sitharaman Announces 2024 Budget Focus
Finance Minister Nirmala Sitharaman has revealed the focus of this year’s Budget. The theme centers on five key areas: job creation, skill development, support for MSMEs, and aid for the middle class. Stay tuned for more details as the Budget continues to unfold.
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FM Sitharaman Reveals Nine Key Priorities for Budget 2024
Finance Minister Nirmala Sitharaman has unveiled nine major priorities for Budget 2024, shaping the government's focus areas for the year. These priorities include:
- Agriculture Resilience: Enhancing productivity and strengthening agricultural systems.
- Jobs and Skills: Creating employment opportunities and advancing skill development.
- Inclusive Development: Promoting human resource growth and social equity.
- Manufacturing Boost: Driving progress in manufacturing and service sectors.
- Urban Growth: Fostering sustainable urban development.
- Energy Independence: Ensuring robust energy security.
- Infrastructure Upgrades: Investing in critical infrastructure improvements.
- Innovation Drive: Supporting research and development to spur innovation.
- Next-Gen Reforms: Implementing transformative reforms for future growth.
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₹1.52 Lakh Crore Allocated for Agriculture in Budget 2024
Finance Minister Nirmala Sitharaman has announced a substantial allocation of ₹1.52 lakh crore for agriculture and allied sectors in Budget 2024. This significant investment aims to bolster the agricultural sector and support related industries. Stay tuned for more details on how these funds will be utilized.
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FM Sitharaman Announces New Crop Varieties and Natural Farming Initiative
Finance Minister Nirmala Sitharaman has revealed that 109 new high-yielding and climate-resilient crop varieties will be introduced for 32 types of field and horticulture crops. Additionally, over the next two years, 1 crore farmers will be trained in natural farming, with support for certification and branding. Stay tuned for more updates on these transformative agricultural measures.