Union Budget 2024 Live Updates: FM Sitharaman To Outline Modi 3.0 Vision

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Union Budget 2024 Live Updates: Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23. The Budget for 2024-25 will be the first major economic document of the Modi 3.0 government, which, among other things, is expected to lay the road map for making India a developed nation by 2047.

President Droupadi Murmu, in her address to the joint sitting of Parliament last month, had indicated that the government would come out with historic steps to accelerate the pace of reforms.

She also said the Budget will be an effective document of the government’s far-reaching policies and futuristic vision.

Prime Minister Narendra Modi on Thursday met eminent economists to elicit their views and suggestions for the Budget.

Sitharaman has already held discussions with various stakeholders, including economists and captains of Indian industry, on the forthcoming Budget.

Several experts have urged the government to provide tax relief to the common man to boost consumption and take steps to check inflation and accelerate economic growth.

The economy has recorded a growth rate of 8.2 per cent in 2023-24.

Earlier in February, Sitharaman presented an interim budget for 2024-25 because of the Lok Sabha elections.

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