Cabinet approves Budget, to be presented shortly
1 February, 2023 | Vaishali Sharma
Union Cabinet meeting was chaired by Prime Minister Narendra Modi on Wednesday where the Union Budget for the fiscal year 2023-24 was approved.
Union Cabinet meeting was chaired by Prime Minister Narendra Modi on Wednesday where the Union Budget for the fiscal year 2023-24 was approved. The Budget will be presented by Union Finance Minister Nirmala Sitharaman at 11AM.
While traditionally, copies of the Budget are brought to the Parliament complex before the Finance Minister arrives, this year no document has been printed following the Covid-19 protocol.
This budget will be the last full-fledged Union Budget of PM Narendra Modi’s government before the 2024 Lok Sabha elections.
Like the previous two years, the Union Budget will be delivered in paperless form this year also.
Addressing reporters outside Parliament before the start of the budget session, Prime Minister Narendra Modi said, “Our Finance Minister will present one more Budget before the country tomorrow. In today’s global circumstances, not only India but the entire world is looking at India’s budget. Amid the unstable global economic situation, India’s Budget will attempt to meet the hopes and aspirations of the common citizens. I firmly believe that Nirmala Sitharaman will make all efforts to meet those aspirations.”
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