The first budget of Modi 3.0 will be presented in the Lok Sabha on July 23.

Parliamentary Affairs Minister Kiran Rijiju on Saturday announced that the Budget Session 2024 will begin from July 22 to August 12. The Union Budget will be presented in the Lok Sabha on July 23.

Union Finance Minister Nirmala Sitharaman will present the budget on July 23.

“The Hon'ble President of India has approved the proposal to convene both the Houses of Parliament for the Budget Session 2024 from July 22, 2024 to August 12, 2024 on the recommendation of the Government of India (Business),” Rijiju said in an X-Post. .

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Union Finance Minister Nirmala Sitharaman will present the first budget of Prime Minister Narendra Modi's third term. Earlier this year, he presented an interim budget as the Lok Sabha elections were pending.

Big Expectations from Union Budget 2024

Expectations from this budget are high after President Draupadi Murmu promised historic measures in his address to Parliament.

In his joint address to the Parliament, President Murmu assured the nation that important economic and social decisions and historic measures will be announced during the Union Budget in the upcoming sessions of the Parliament.

“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 vision for the future. Along with major economic and social decisions, there will be many historical initiatives. It will be seen in this budget,” added President Marmo.

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Nirmala Sitharaman will become the first FM to present budget 7 times.

As Union Finance Minister, Nirmala Sitharaman has presented a total of six budgets, including the interim budget on 1 February. She is the second finance minister to achieve this milestone after equaling the record of former Prime Minister Maraji Desai. Seetha Raman, India's first full-time woman finance minister, has presented five full budgets since July 2019.

His tenure has surpassed the record of previous finance ministers such as Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who each presented five budgets in a row.

During his tenure, Seetha Raman made major changes in the budgeting process. In 2019, he replaced the traditional budget briefcase with a 'Bahi Khata' emblazoned with the national emblem to carry speeches and documents. Lately, she has been using a tablet wrapped in a ledger to present the budget.

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