Finance Minister Nirmala Sitharaman recently presented the interim budget for the fiscal year 2024-25 before the upcoming 2024 Lok Sabha elections. This is her sixth budget, and it’s the last one in the current government’s second term of Prime Minister Narendra Modi’s government. Before revealing the budget, she followed the tradition of meeting with the President, Droupadi Murmu at Rashtrapati Bhawan, for approval.
The President wished her well. The Union Cabinet, led by Prime Minister Narendra Modi, too gave its approval. Sitharaman’s challenge is to keep India as the world’s fastest-growing economy while being financially responsible and meeting the public’s expectations for tax reductions during an election year. The official estimate predicts a 7.3% expansion in the current fiscal year.
Here are the key points from the interim budget:
Also Read: Ahead Of General Elections, FM Sitharaman To Present Sixth Budget In a Row
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