Budget 2024 Political Reactions Live Updates: Union Finance Minister Nirmala Sitharaman, carrying the Budget tablet, reached the Parliament on Tuesday ahead of her seventh consecutive Budget presentation today, July 23, at 11 a.m. She also met President Droupadi Murmu at Rashtrapati Bhavan today. This would mark Sitharaman’s seventh consecutive budget and eclipsing the late Moraji Desai’s record of six consecutive budgets. This will be the first full financial budget of the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government in its third consecutive term. The Union Budget draws the roadmap to achieve PM Narendra Modi’s vision of a Viksit Bharat by 2047. Finance Minister’s speech is likely to begin at 11 am on July 23, 2024.
Budget 2024 Live Updates
Various sectors are abuzz with expectations for significant policy changes and financial allocations. The focus remains on potential tax reforms that could impact individuals and businesses. There is also speculation about raising the standard deduction limit. In addition to this, the JD(U), YSRCP and BJD has demanded special category status for Bihar, Andhra Pradesh and Odisha respectively.
Catch LIVE Updates on Income Tax here
The BJP fell short of the majority mark in the Lok Sabha elections 2024 forcing it to rely on its National Democratic Alliance (NDA) allies including N Chandrababu Naidu-led Telugu Desam Party (TDP) and Nitish Kumar-led Janata Dal (United) to form the government at the Centre.
All the Union Budget documents, including the Annual Financial Statement (commonly known as the Budget), Demand for Grants (DG), and Finance Bill, as prescribed by the Constitution, will be available on the “Union Budget Mobile App” for hassle-free access to budget documents by Members of Parliament (MPs) and the public.
The app is bilingual (English and Hindi) and available on both Android and iOS platforms. The app can also be downloaded from the Union Budget Web Portal (www.indiabudget.gov.in).
Catch all the LIVE action on the Budget 2024 here
Budget 2024 Political Reactions LIVE: ‘Have no expectation from PM Modi, Nirmala Sitharaman’s Budget’ says TMC MP Dola Sen
While speaking to news agency PTI, TMC MP Dola Sen said, “We have no expectation from PM Modi and Nirmala Sitharaman’s Budget because the experience of last 10 years is not good for people of India. Nobel laureate Amartya Sen says that education and health of common people are important. Do you believe that they have done anything for these two pillars. Unemployment is the great problem, we are densely populated. Will they say that they have provided 20 cr jobs in last 10 years?”
Budget 2024 Political Reactions LIVE: ‘An aspirational Budget will be presented’, says Union Minister Jayant Chaudhary
Union Minister Jayant Chaudhary says “There is excitement. An aspirational Budget will be presented to take the country forward”
Budget 2024 Political Reactions LIVE: ‘Expect this budget to be a milestone in the Journey of Viksit Bharat’ UP FM Suresh Kumar Khanna
Uttar Pradesh Finance Minister Suresh Kumar Khanna says, “We expect that this budget will be proven to be a milestone in the journey of Viksit Bharat. The economic survey that was presented yesterday made it clear that our growth rate has increased to 8.2 which was 6.5, earlier; the employment rate has decreased and all our economic activities have strengthened. The budget that’ll be presented today, will benefit Uttar Pradesh as well…”
Budget 2024 Political Reactions LIVE: Hope govt will talk about ‘Jan ki baat’ and not PM’s ‘mann ki baat’: Shiv Sena (UBT) MP Priyanka Chaturvedi
Ahead of Modi govt’s Union Budget, Shiv Sena (UBT) MP Priyanka Chaturvedi says, “I hope Nirmala Sitharaman ji will provide some relief from rising inflation and unemployment and the government will talk about ‘Jan ki baat’ and not the PM’s ‘mann ki baat’…”
Budget 2024 Political Reactions LIVE: ‘Will this budget be for some selected friends of PM….’ Congress MP Pramod Tiwari
On the Union Budget, Congress MP Pramod Tiwari says “…In budget, what are they going to do for the farmers, unemployment, inflation and how will it be controlled? How will this issue be addressed, the way the rupee is falling, nothing is being done about the medium and small industries. Will this budget be for some selected friends of PM Modi like the previous budget, this is what we are waiting for…”
Budget 2024 Political Reactions LIVE: ‘Don’t expect anything from this govt as…’, says RSP MP NK Premachandran
Ahead of the presentation of Union Budget by Modi govt, Revolutionary Socialist Party (RSP) MP NK Premachandran says, “Economic Survey 2024 has indicated that inflation is leading to a price rise. Poverty, price rise and unemployment are the issues concerning the common masses. The govt has to take note of all this. But I don’t expect anything from this govt as it is only concerned about the corporates…”
Budget 2024 Political Reactions LIVE: Nirmala Sitharaman reaches Ministry ahead of Union Budget presentation
Finance Minister Nirmala Sitharaman arrived at the Ministry of Finance ahead of the Union Budget presentation on July 23. The Finance Minister was pictured wearing a white saree with a violet border as she arrived at the Ministry. Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today, marking her seventh consecutive budget and eclipsing the late Moraji Desai’s record of six consecutive budgets.
Budget 2024 Political Reactions LIVE: ‘Budget based on PM Modi’s mantra…’: MoS Pankaj Chaudhary
Minister of State for Finance Pankaj Chaudhary said that the first Union Budget of the third Modi government will be based on his mantra of “Sabka Saath Sabka Vikas”.
Budget 2024 Political Reactions LIVE: Agriculture and rural expectation from Budget 2024
Agriculture will remain a priority, with measures aimed at improving farmers’ income and livelihoods.
Direct Benefit Transfers (DBT): Increased allocations for DBT schemes will ensure subsidies and benefits reach farmers directly, reducing leakages and improving efficiency.
Rural infrastructure: Investments in rural infrastructure, such as roads, irrigation, and storage facilities, will aim to boost agricultural productivity and connectivity.
Agri-tech initiatives: Support for agri-tech startups and modern farming techniques will help farmers increase their yields and income
Budget 2024 Political Reactions LIVE: Social welfare and infrastructure expectation from Budget 2024
The budget is expected to prioritise social welfare schemes and infrastructure development.
Healthcare and education: Allocations for healthcare and education sectors are likely, with potential investments in medical colleges and digital initiatives to improve education quality.
Infrastructure development: Significant investments in infrastructure, including roads, railways, and urban development, are expected to create jobs and drive economic growth. Focus on renewable energy and green projects will contribute to sustainable development.
Social security: Enhanced provisions for social security, including pensions and insurance for the underprivileged, are expected to provide a safety net for vulnerable populations.
Budget 2024 Political Reactions LIVE: Centre must provide special schemes for Himachal, says CM Sukhvinder Sukhu
“I would wish the Union Government would provide special schemes for us. During the past 18 months, we were able to provide 28000 crore rupees. During the BJP regime, the state has gone into debt. We are taking loans to clear the debt. Despite all this, we were able to improve our economy, and we hope that by 2027 we will be able to make Himachal Pradesh a self-reliant state,” said CM Sukhu.
He added, “We want to make Himachal Pradesh a self-reliant state by 2027. We spoiled the four months of elections and the four months in disaster last year. We were appreciated by the World Bank, Niti Aayog, and the BJP leaders for our efforts for disaster restoration. We want the support of people in the state, especially the BJP, who have been playing a negative role in the state.”
Budget 2024 Political Reactions LIVE: ‘Hope that voice of Himachal Pradesh will also be kept in Union budget’: Vikramaditya Singh
Expressing expectations on the Union Budget for 2024-25, Vikramaditya Singh on Monday said that he is hoping that the voice of Himachal Pradesh will be represented in the Union budget.
“We hope that the voice of Himachal will also be kept in the Union budget. JP Nadda is also part of the Union government and I hope the interest of Himachal would be protected. In the field of electricity, old pension schemes, and the roads to be built in the hill state, I hope this will be kept in mind wjile presenting the Union budget,” said Vikramaditya Singh.
“The government is stable, and Himachal Pradesh has completely failed the attempts of the BJP to topple the elected government. I request the BJP leadership to stop destabilising the elected governments and corporations for the constructive development of the state,” said PWD Minister Vikramaditya Singh.
Budget 2024 Political Reactions LIVE: Economic Survey shows PM Modi’s vision of Viksit Bharat an imminent possibility: Amit Shah
“The Economic Survey shows that PM Shri @narendramodi Ji’s vision of a Viksit Bharat is an imminent possibility. Over the last 10 years, the visionary policies of Modi Ji have placed Bharat at the pinnacle of economic growth. The survey documents Bharat’s rise to the pedestal of the fastest-growing major economy while prominently outlining its future trajectory to emerge as a developed nation,” Shah posted on X, sharing the Economic Survey along with the post.
