The first budget session of the Narendra Modi 3.0 government will begin from July 22, it was announced on Saturday.
“Hon’ble President of India, on the recommendation of Government of India, has approved the proposal for summoning of both the Houses of Parliament for the Budget Session, 2024 from 22nd July, 2024 to 12 August, 2024 (Subject to exigencies of Parliamentary Business),” parliamentary affairs minister Kiren Rijiju posted on X.
Union finance minister Nirmala Sitharaman will present the country’s budget in the Lok Sabha on July 23. Earlier this year, an interim budget was presented by her as the general elections were pending.
There is much anticipation from this budget as President Droupadi Murmu had promised historic steps in her joint address to the Parliament.
Murmu assured the nation that in the upcoming Parliament sessions, major economic and social decisions, and historical steps would be unveiled in the union budget.
“In the upcoming sessions, this government is going to present the first budget of this term. This budget will be an effective document of the government’s far-reaching policies and futuristic vision. Along with big economic and social decisions, many historic steps will also be seen in this budget,” President Murmu was quoted as saying in the reports.
The current union finance minister Sitharama has presented a total of six budgets of the Modi government, including the Interim Budget on February 1.
Sitharama, the first full-time woman finance minister of India, has become the second union finance minister to achieve this milestone after matching former prime minister Morarji Desai’s record.
She has delivered five complete budgets since July 2019.
Her tenure has surpassed the records of previous union finance ministers such as Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, each of whom presented five consecutive budgets.
During her tenure as the finance minister of India, she brought in some changes to the budget process.
