Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman

Building a Stronger India - The 2024 Union Budget Uncover by Nirmala Sitharaman

Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman

Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman.

Brief

Nirmala Sitharaman (Finance Minister) is supposed to practice monetary judiciousness meanwhile financial plan 2014 preceding the forthcoming races, which will be in this manner supplanted by another financial plan after the development of the public authority post the April-May decisions.

2024 Budget Announcements

The financial plan is expected to act as a monetary declaration, illustrating Prime Minister Narendra Modi’s vision for the following five years. Sitharaman’s impending spending plan show is huge as it denotes the last move .

Nirmala Sitharaman is an Indian politician who has been serving as the Minister of Finance and Corporate Affairs of India since May 2019. She is a member of the Bharatiya Janata Party (BJP) and has held various important positions in the government.

Nirmala Sitharaman has been actively involved in economic policymaking and has played a key role in presenting and implementing the Union Budgets of India. Before her tenure as the Finance Minister, she served as the Minister of Defence, making her the first woman to hold the position full-time in India.

Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman. As she prepares to create history, Nirmala Sitharaman will be the second Finance Minister to present the budget for six years in a row. After doing away with the customary “bahi khata” in 2021, Ms. Sitharaman carried on the tradition of presenting the budget digitally, illustrating the interesting transition from a traditional briefcase to a tablet that is “Made in India.”

For the first Union Budget, RK Shanmukham Chetty, the country’s first finance minister after independence, adhered to the British custom of presenting the budget in a leather portfolio bag.

Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman

Finance ministers continued to use different briefcases throughout the course of several years in this manner. This ceremonial event came to be associated with the ‘budget briefcase,’ which was inspired by the Gladstone Box of colonial times.

But in 2019, Nirmala Sitharaman upended this age-old custom by substituting an Indian accounting ledger, or “bahi khata,” in red for the customary briefcase. The action was perceived as a step toward eradicating the budget presentation’s colonial past.

Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman. After being a tool used by company owners for decades, Ms Sitharaman claimed that the ‘bahi khata’ was more practical to carry and added a genuine Indian touch to the budgetary operation.

In 2021, the Finance Minister demonstrated his acceptance of innovation by utilizing a “Made in India” tablet to present the budget in a paperless manner. This change addressed both the pragmatics of providing a comprehensive budget and was in line with the government’s ‘Digital India’ vision.

While embracing modern improvements, Sitharaman remained connected to tradition by carrying the tablet in a red pouch reminiscent of the ‘bahi khata’. This action gained significance because it was the first budget presentation made after the COVID-19 epidemic broke out, demonstrating the finance ministry’s flexibility in the face of novel obstacles.

Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman. There have been 89 Union Budgets since Independence, 12 of which have been interim budgets. In 2020, Nirmala Sitharaman gave the longest speech of all time, clocking in at 162 minutes.

2024 Budget Date & Time

Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman. Nirmala Sitharaman (Finance Minister) will introduce the budget plan on February 1, 2024, at 11 am in the new Parliament building.

2024 Budget Livestream

2024 Official Budget Document

Building a Stronger India – The 2024 Union Budget Uncover by Nirmala Sitharaman. Official document can be accessed on www.indiabudget.gov.in.

Follow me on social media –

Facebook – https://www.facebook.com/EarnyTips

Instagram – https://www.instagram.com/earnytips/

Youtube – https://www.youtube.com/@earnytips



Author Profile

John Doe

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam.

Search
Cateegories