Budget 2024 Live: Lok Sabha passes Finance Bill 2024
Catch the live updates of Interim Budget 2024-25 here
CHENNAI: Finance Minister Nirmala Sitharaman is set to unveil the Interim Budget 2024 today, February 1.
This marks the conclusive budget of the second term of Prime Minister Narendra Modi's government since the Lok Sabha elections 2024 are scheduled in April-May.
This will be her sixth Budget as the Finance Minister and last in the second term of the Modi government.
This budget is interim in nature and the comprehensive budget for the financial year 2024-25 will be introduced only after the formation of the new government following the general elections.
Interim Budget: An Interim Budget allocates funds for essential government operations, ongoing schemes and urgent requirements. Since it is not a budget for a full year, it refrains from policy reforms.
After Lok Sabha elections, Newly appointed government will present a full budget.
Live Updates
- 1 Feb 2024 6:34 AM GMT
Lok Sabha passes Finance Bill 2024
House adjourned to meet again at 1100 hours on 2nd February
- 1 Feb 2024 6:32 AM GMT
After concluding the interim Budget speech, Finance Minister Nirmala Sitharaman introduces the Finance Bill 2024 in Lok Sabha
- 1 Feb 2024 6:31 AM GMT
"The fiscal deficit in 2024-25 is estimated to be 5.1% of GDP," says Union Finance Minister Nirmala Sitharaman.
- 1 Feb 2024 6:30 AM GMT
"I propose to retain the same tax rates for direct and indirect taxes including import duties," says FM.
- 1 Feb 2024 6:29 AM GMT
Pradhan Mantri Kisan Sampada Yojana has benefited 38 lakh farmers and generated 10 lakh jobs PM Formalization of Micro Food Processing Enterprises Yojana has assisted 2.4 lakh SHGs and 60,000 individuals with credit linkages Other schemes are helping reduce post harvest losses and improving productivity and incomes: Finance Minister
- 1 Feb 2024 6:28 AM GMT
Maternal and child health care Various schemes under maternal and child health care to be brought under one comprehensive programme for synergy in implementation Upgradation of Anganwadi centres under Saksham Anganwadi and Poshan 2.0 will be expedited for improved nutrition delivery, early childhood care and development Newly designed U-Win platform for managing immunization and intensified efforts of Mission Indradhanush will be rolled out: FM
- 1 Feb 2024 6:26 AM GMT
Finance Minister Nirmala Sitharaman says, "...The revised estimate of the fiscal deficit is 5.8% of GDP, improving on the budget estimate notwithstanding moderation in the nominal growth estimates."
- 1 Feb 2024 6:25 AM GMT
"To address fervour for domestic tourism, projects for port connectivity, tourism infra & amenities will be taken on our islands including Lakshadweep," says FM Sitharaman
- 1 Feb 2024 6:24 AM GMT
'Empowerment of Women through entrepreneurship, ease of living and dignity has gained momentum in last 10 years 30 crore MUDRA Yojana loans have been given to woman entrepreneurs Female enrollment in higher education has gone up by 28% in 10 years In STEM courses, girls and women constitute 43% of enrollment, one of the highest in the world'
