Union Budget 2024: Union Finance Minister (FM) Smt. Nirmala Sitharaman will present Union Budget 2024-25 in the Parliament on 1st February, 2024 i.e. today at 11 AM.
Union Budget 2024 is the 12th budget presented by Prime Minister (PM) Narendra Modi’s government, including one interim budget presented in the general election year of 2019. However, it is the Finance Minister Nirmala Sitharaman’s sixth budget presentation after 2019, 2020, 2021, 2022 and 2023.
Budget 2024 Live Updates
How to Watch Live Budget 2024 Online TV
The budget presentation will be broadcast live on Lok Sabha TV. So, you may watch Budget 2024 Live from Parliament. The Union Budget 2021-22 was delivered in paperless form last year, for the first time.
Apart from this, you may also watch the Budget presentation on social media platforms like Facebook, Twitter and YouTube.
Watch Live: Budget Speech by Union Finance Minister Nirmala Sitharaman
Union Budget 2024 Live Streaming, Nirmala Sitharaman Budget Speech Live Updates is here.
प्ले बटन पर क्लिक करें और लाइव देखें: केंद्रीय वित्त मंत्री निर्मला सीतारमण का बजट भाषण
Union Budget 2024 Live Streaming. FM Nirmala Sitharaman Budget Live Speech, Railway Budget 2024, Income Tax Slab Rate Change, Budget 2024 Announcements Live from Parliament.
Union Budget 2024 Important Updates
The list of Budget documents (14) to be presented to the Parliament include:
- Finance Minister’s Budget Speech
- Annual Financial Statement (AFS)
- Demands for Grants (DG)
- Finance Bill
- a. Macro-Economic Framework Statement
- b. Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement
- Expenditure Budget
- Receipt Budget
- Expenditure Profile
- Budget at a Glance
- Memorandum Explaining the Provisions in the Finance Bill
- Output Outcome Monitoring Framework
- Key Features of Budget 2023-24
- Key to Budget Documents
Paperless Budget in India
The Budget 2024 is presented by FM Nirmala Sitharaman, who arrived for the presentation carrying a tablet instead of the traditional ‘bahi-khata‘ for the fourth time.
बजट 2024 वित्त मंत्री निर्मला सीतारमण द्वारा प्रस्तुत किया गया, जो चौथी बार पारंपरिक 'बही-खाता' के बजाय एक टैबलेट लेकर प्रस्तुति के लिए पहुंचीं।
Last year, it was the third time since the presentation of independent India’s first Budget on November 26, 1947, that the documents containing the income and expenditure statement of the Union government along with the finance bill were not physically printed.
पिछले साल, 26 नवंबर, 1947 को स्वतंत्र भारत के पहले बजट की प्रस्तुति के बाद तीसरी बार, वित्त विधेयक के साथ केंद्र सरकार के आय और व्यय विवरण वाले दस्तावेजों को भौतिक रूप से मुद्रित नहीं किया गया था।
This year also, the Finance Minister launched the Budget mobile app for ‘hassle-free’ access of budget documents by members of Parliament (MPs) and the general public.
इस साल भी, वित्त मंत्री ने संसद सदस्यों (सांसदों) और आम जनता द्वारा बजट दस्तावेजों की 'परेशानी-मुक्त' पहुंच के लिए बजट मोबाइल ऐप लॉन्च किया।
Did you know? The first budget of India was submitted on 18th February, 1860 by James Wilson. P C Mahalanobis is known as the father of Indian budget.
क्या आपको पता था? भारत का पहला बजट 18 फरवरी, 1860 को जेम्स विल्सन द्वारा प्रस्तुत किया गया था। पीसी महालनोबिस को भारतीय बजट का जनक कहा जाता है।
Budget Session of Parliament
The Budget Session of the parliament will commence from January 31, 2024 with President Droupadi Murmu’s address. The first part of the Union budget session of Parliament will be held from January 31 to February 9.
संसद का बजट सत्र 31 जनवरी, 2022 से राष्ट्रपति रामनाथ कोविंद के अभिभाषण के साथ शुरू होगा। संसद के केंद्रीय बजट सत्र का पहला भाग 31 जनवरी से 11 फरवरी तक चलेगा।
Budget Date and Timings
Union Budget 2024 is likely to be presented at 11 am on 1st February (Thursday), through Tablet (Paperless). The duration of the Budget presentation might range from 90 to 120 minutes.
केंद्रीय बजट 2024, 1 फरवरी (बृहस्पतिवार) को सुबह 11 बजे टैबलेट (पेपरलेस) के माध्यम से पेश किए जाने की संभावना है। बजट प्रस्तुति की अवधि 90 से 120 मिनट तक हो सकती है।
Do you remember in the year 2020, Sitharaman gave the longest budget speech in Indian history which lasted for about 160 minutes.
क्या आपको याद है साल 2020 में सीतारमण ने भारतीय इतिहास का सबसे लंबा बजट भाषण दिया था जो करीब 160 मिनट तक चला था।
A meeting of the Union Cabinet will be held today (01.02.2024) at 10:10 AM for the approval of the Union Budget 2024-25. After an approval from the Cabinet, the Union finance minister will present the Union Budget 2024-25.
Download Budget Speeches 1947-2024
Download Budget speech 2024-25 in PDF format.
FAQ on Union Budget 2024-2025
What is a Union budget?
A Union Budget is an annual report prepared by the Government, whereby it lays down the plan for government’s revenue and expenditures.
What is an Interim Budget?
At the end of the 5-year term of the ruling party when the central elections will be held, a budget is presented by the operating Government for the period applicable till the new government takes over. Since this budget is prepared for a short duration and it will be followed by a fresh new budget by the party who forms the government after the elections, it is called the Interim budget.
Who prepares the budget?
The Budget is prepared by Budget Division, The Department of Economic Affairs, and the Ministry of Finance.
Why is Budget so important?
In Budget, the Government proposes various changes in the tax rates, rebates, grants etc. These changes have a direct impact on an individual.
What are pre-budget expectations?
Before the budget is announced, various autonomous bodies, economists, industrialists etc. who represent the industry, trade, and commerce share the mass problems and solutions in the form of pre-budget expectations.
When is the Budget announced?
The Budget is prepared annually. It is for a period starting from 1st April to 31st March. The Budget is usually announced in the first week of February.
Who presents the Budget?
The Budget is usually presented by the Finance Minister of India.
What is a pre memorandum Budget?
A Pre memorandum Budget is a detailed document where the expectations from the budget are precisely mentioned.
What is a rail Budget?
A Rail Budget is the projected revenue and expenditures pertaining to railways only. Earlier, it was presented separately, but Mr Arun Jaitley had changed this practice and now the Rail Budget is presented along with the Union Budget.
Who announces the rail Budget?
The Rail Budget is announced by the Finance Minister of India.