Union Budget 2024: Nirmala Sitharaman Surpasses Record with Seventh Consecutive Budget
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 today, a historic milestone marking her seventh consecutive budget presentation. This achievement eclipses the previous record held by the late Morarji Desai, who presented six consecutive budgets. Sitharaman’s tenure has cemented her role as a key architect of India’s fiscal policy.
Expectations and Concerns
The upcoming budget is expected to focus on revisions to the income tax structure and initiatives to enhance the ease of doing business. Ahead of the announcement, various stakeholders have expressed their hopes and concerns.
Agriculture Sector’s Expectations
Farmers from Uttar Pradesh conveyed their expectations to ANI, seeking measures that address their challenges. They advocate for higher returns on agricultural produce and reduced product rates to alleviate financial burdens. They hope for policies that improve pricing mechanisms, provide subsidies, and support agricultural infrastructure.
Focus on Sustainable Growth
The agricultural community emphasizes the need for sustainable growth and fair compensation for their efforts. The budget is anticipated to include provisions that enhance income stability and reduce operational costs.
National Significance
As Finance Minister Sitharaman prepares to present the Union Budget 2024, all eyes are on how her proposals will address the diverse requirements of the Indian economy. The budget will be scrutinized for its potential to bring about meaningful changes and support vital sectors like agriculture, which plays a pivotal role in food security and economic stability.
