Union Cabinet headed by Prime Minister Narendra Modi met in Parliament on Tuesday to approve the Union Budget ahead of its presentation by Finance Minister Nirmala Sitharaman.
Emphasizing the need for measures to address inflation, particularly the soaring prices of essential commodities and life-saving drugs, Uttar Pradesh Congress President Ajay Rai has voiced the expectations of the middle class for the Union Budget 2024-25.
Finance Minister Nirmala Sitharaman opted for an off-white handloom saree with a contrasting purple and pink-hued blouse for the presentation of the first Budget of the newly elected NDA government led by PM Narendra Modi on Tuesday.
The Sensex rose by 173.80 points, opening at 80,675.88, while the Nifty climbed 51.95 points, starting the day at 24,561.20. Out of the Nifty companies, 40 showed advances, while 9 registered declines.
"... Last year our GDP growth rate was around 6.5%, and this time as well, the economic survey suggests around 7% growth rate... In the coming time, our GDP growth rate will become even better...," Pitti said speaking to ANI on Monday.
Minister Sitharaman is set to present the Union Budget 2024 in Parliament today, marking her seventh consecutive budget and eclipsing the late Moraji Desai's record of six consecutive budgets, which is likely to focus on changes in the income tax structure and improving the ease of doing
"We are expecting the budget to be better than the previous year. The tax slab should be revised by the government. We expect the prices of petrol and LPG to be reduced. The connectivity of railways has improved in the last 5-10 years, this should continue...," Amit Sharma, a local reside
Minister of State for Finance Pankaj Chaudhary said that the first Union Budget of the third Modi government will based on his mantra of "Sabka Saath Sabka Vikas".