Union Budget 2024: A Comprehensive Overview

Budget Date  & Time

February 1, 2024, at 11:00 am

Live Streaming Platforms

India Today, Aaj Tak, Business Today's YouTube channel, DD News, PIB website.

Finance Minister's Record

Nirmala Sitharaman's sixth consecutive budget presentation.

Sectoral Expectations

Tax reforms, regulatory enhancements, workforce development.

Economic Outlook

Infrastructural investments, manufacturing, renewable energy sectors.

Budget Schedule & Process

1. Team Preparation: Finance Minister Nirmala Sitharaman and her team engage in thorough preparation, analyzing data and formulating budgetary proposals. 2. Meeting with President: The Finance Minister meets with the President of India to discuss and seek approval for the budget. 3. Parliament Arrival: On the day of the budget presentation, the Finance Minister arrives at the Parliament amidst anticipation and media coverage. 4. Cabinet Meeting: Prior to the presentation, a Cabinet meeting is held where the budget is ratified and approved by the government. 5. Budget Presentation: At 11:00 am, Finance Minister Nirmala Sitharaman presents the Interim Budget for the fiscal year 2024-25 in the Parliament. 6. Post-Presentation Analysis: Following the presentation, experts and analysts dissect the budget proposals, analyzing their implications on various sectors and the economy

Market Implications

Expected Market Reaction: Minimal short-term impacts.