Interim Budget 2024 Live Updates:?India's Finance Minister Nirmala Sitharaman has concluded her 56 minute budget speech. Highlights from her speech include-infrastructure capex raised to ?11.11 lakh crore, three new railway corridors, extension of?Ayushman Bharat scheme to all ASHA and Anganwadi workers,?encouragement towards vaccination in girls of 9-14 years to prevent cervical cancer and?boosting the target for the 'Lakhpati Didi' scheme to 3 crore women.
With barely a couple of months left for the Lok Sabha elections to be held in April-May this year, the nation had pinned high hopes from the BJP-led government as FM Nirmala Sitharaman presented her last budget before the nation goes for polls. This was her sixth budget presentation in the role of India's first full time female Finance Minister. Sitharaman had presented her first union budget in July 2019. After the Interim Budget for 2024, the full Union Budget 2024 will be presented by the newly formed government in July this year.
Catch all the latest and live updates on Budget 2024, live streaming of the Interim Budget 2024, and more below.??
What time is interim budget 2024?
FM Nirmala Sitharaman will present the interim budget 2024 at 11 AM in the Parliament.
When will the post budget conference be held?
FM Sitharaman?will hold the post-Budget Press Conference at the National Media Centre, New Delhi today at 4:00 PM.
Who presented the first budget in India?
India's first Finance Minister post independence, R. K. Shanmukham Chetty had presented India's first budget on 26th November 1947.
Which stock to buy on budget day?
Stocks and sectors that are expected to be in focus ahead of interim budget 2024, include Larsen & Toubro, Adani Ports and Special Economic Zone, Gujarat Pipavav Port Road developers, IRB Infrastructure Developers, PNC Infratech, KNR Constructions, Nestle India, Hindustan Unilever, ITC, Hero MotoCorp, TVS Motor Co, Mahindra & Mahindra, IRFC Container Corporation of India, BEML, IDBI Bank, Shipping Corporation of India, RITES and IRCON International.
How many budgets has FM Sitharaman presented?
Interim budget 2024 will be FM Nirmala Sitharaman's sixth budget presentation since becoming India's first full time female Finance Minister in 2019.
When will the full budget be presented this year?
After the Lok Sabha elections conclude in May 2024, the newly formed government is expected to present the full union budget in July this year.
Budget 2024 Live Updates: FM Sitharaman says "Our young country has high aspirations, pride in its present and hope and confidence for a bright future. We expect that our govt based on its stupendous work will be blessed again by the people with a resounding mandate".
She also said that we need to focus on - Garib, Mahilayen, Yuva and Annadata; Their needs and aspirations are our highest priorities.
Budget 2024 Live Updates: "Momentum for Nari Shakti: The empowerment of women through entrepreneurship, ease of living and dignity has gained momentum in these 10 years. 30 crore Mudra Yojana loans have been given to women entrepreneurs," says FM Nirmala Sitharaman.
Budget 2024 Live Updates: ¡°The Skill India Mission has trained 1.4 crore youth, upskilled and re-skilled 54 lakh youth, and established 3000 new ITIs. A large number of institutional higher learning, namely 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS and 390 Universities have been set up,¡± says FM Sitharaman.
Interim Budget 2024 Live Updates: I think the budget speech was both short and disappointing. There was very little of substance, major omissions and lots of issues were not even touched about," says Congress MP Shahi Tharoor.
Interim Budget 2024 Live Updates: I think the budget speech was both short and disappointing. There was very little of substance, major omissions and lots of issues were not even touched about," says Congress MP Shahi Tharoor.
Interim Budget 2024 Live Updates: Congress MP Manish Tewari says, "It is a 'vote-on-account' which has only one purpose to keep the government solvent for the first quarter of the current fiscal year. What's worrying is that there is a budget deficit of Rs 18 lakh crores. This means that the government is borrowing for its expenditure. This number is only going to increase next year."
Budget 2024 Live Updates: In her budget speech, FM Sitharaman "Modi government focuses on all round, all pervasive, all inclusive development".
Interim Budget 2024 Live Updates: Finance Minister Nirmala Sitharaman announced three new corridors for the railways ¨C Energy, Mineral and Cement corridor, Port Connectivity Corridor and a High Traffic Density Corridor.
Interim Budget 2024 Live Updates: FM Sitharaman says "I propose to retain the same tax rates for direct and indirect taxes including import duties".
Budget 2024 Live Updates: ¡°The Skill India Mission has trained 1.4 crore youth, upskilled and re-skilled 54 lakh youth, and established 3000 new ITIs. A large number of institutional higher learning, namely 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS and 390 Universities have been set up,¡± says FM Sitharaman.
Interim Budget 2024 Live Updates: The Finance Minister announces that the health coverage under the Ayushman Bharat scheme will be extended to all ASHA and Anganwadi workers and helpers.
Interim Budget 2024 Live Updates: "Will encourage vaccination in girls of 9-14 years to prevent cervical cancer", says FM Sitharaman.
Interim Budget 2024 Live Updates: "Earning 'Sabka Vishwas', the next five years will be years of unprecedented development and golden moments to realise the dream of developed India by 2047," says Finance Minister Nirmala Sitharaman in her budget speech.
Interim Budget 2024 Live Updates: In her budget speech, FM Sitharaman announces that :One Crore Households To Get Rooftop Solarisation".
Budget 2024 Live Updates: Finance Minister Sitharaman says "Besides gross domestic product, the government is equally focused on a more comprehensive GDP ¨C governance, development and performance."
Budget 2024 Live Updates: FM Nirmala Sitharaman begins the interim budget speech in the Parliament. This is India's last budget before the Lok Sabha elections.
Budget 2024 Live Updates: In his big message to the nation ahead of the interim budget presentation, India's PM Modi's says it will be a good budget.
Budget 2024 Live Updates: FM Sitharaman will present the interim budget 2024 shortly at 11 AM, which will make it the sixth straight presentation by her. She had first presented the union budget in July 2019.
Budget 2024 Live Updates: Union Cabinet, headed by Prime Minister Narendra Modi, approves the pre-election Budget ahead of FM Sitharaman's 11 AM presentation.
Ahead of her meeting with the President, Sitharaman and her team of officials posed for the customary 'briefcase' photograph outside her office, emphasizing the shift towards a digital format for Budget presentations.