Union Budget 2024: Finance Minister Nirmala Sitharaman to unveil the roadmap for Viksit Bharat by 2047
Get ready for the unveiling of the much-anticipated Union Budget 2024 as Finance Minister Nirmala Sitharaman presents her seventh budget on July 23. This budget holds particular significance as it marks the first full budget of Modi’s third term and is expected to pave the way for a developed India (Viksit Bharat) by 2047.
Prior to this, Sitharaman presented an interim budget for 2024-25 in February ahead of the Lok Sabha election. The budget preparation process included consultations with various stakeholders, industry representatives, and social sector experts.
Experts are hopeful that the budget will provide tax relief to stimulate consumption, control inflation, and boost economic growth. President Droupadi Murmu has hinted at historic steps and major economic decisions being announced in the upcoming budget session.
With various stakeholder inputs in mind, the Budget for 2024-25 is expected to set the tone for the Modi 3.0 government’s ambitious plans to transform India into a developed nation within the next few decades.