The budget is drawn up taking into account all sectors of society and will meet all expectations.
Indian Finance Minister Pankaj Chaudhary said the union budget to be announced today would take into account expectations from all sectors of society.
Before Finance Minister Nirmala Sitharaman’s presentation, Chaudhary added that the budget will meet all expectations.
“This is the budget incorporating the expectations of every section of society. Indian economy is on track due to the leadership of PM Modi and the supervision of Nirmala Sitharaman. The Economic Survey also suggests the same. The budget has been made keeping in view all sections of society and it will stand on everyone’s expectations,” Pankaj Chaudhary said.
Union Budget 2023-24 – The final full budget of Narendra Modi’s government ahead of the 2024 general elections will be released by Sitharaman at 11:00 am in the Lok Sabha.
“Country has made a good recovery from COVID. If we look at Economic Survey, all sectors are making progress. Compared to other countries, our economy is good. When PM took oath in 2014, India was 10th (in terms of economy), today it is 5th,” Dr. B Karad said.
“Today, the Budget will be presented before the Parliament by FM at 11 am. Before that, under her leadership, my colleague Pankaj Chaudhary and Secretary will meet the President at 9 am. At 10 am, under PM Modi’s leadership, a cabinet meeting will be held,” Dr. B Karad added.
Today’s announcement was followed by the President’s bi-house address on Tuesday where the Treasury Secretary presented an economic report. This year’s budget meeting consists of 27 meetings until April 6, with a one-month break for reviewing budget documents.
The first part of the session ends on February 13th. Parliament meets on March 12 for the second part of the budget session, ending on April 6.
According to the Economic Review, India has completed its economic recovery from the Covid pandemic, and the economy is expected to grow between 6% and 6.8% in the upcoming fiscal year 2023-24. This is up from 7% this fiscal year and 8.7% in 2021-2022.
