When Will FM Nirmala Sitharaman Present the Union Budget 2024? Date, Time, and Where to Watch Live

The Union Budget is a pivotal moment in India's economic calendar, setting the financial course for the nation. As the fiscal year approaches, all eyes turn to the presentation of the Union Budget 2024 by Finance Minister Nirmala Sitharaman. This article will guide you through the essential details regarding the date, time, and where to watch the live presentation of this significant event.

Understanding the Union Budget 2024

The Union Budget is an annual financial statement presented by the Government of India. It outlines the government's revenue and expenditure for the upcoming fiscal year, impacting every sector of the economy. The Union Budget 2024 is particularly anticipated given the economic challenges and opportunities the country faces.

FM Nirmala Sitharaman's Role in the Budget Presentation

Finance Minister Nirmala Sitharaman plays a crucial role in shaping and presenting the Union Budget. Her policies and financial strategies will influence economic growth, public spending, and fiscal consolidation. With her vast experience and previous budget presentations, expectations are high for the Union Budget 2024.

Date and Time of the Union Budget 2024 Presentation

The Union Budget 2024 will be presented on 1st February 2024. The presentation usually begins at 11:00 AM IST. This timing has been consistent over the years, allowing the Parliament and the public to engage with the financial proposals effectively.

Where to Watch the Union Budget 2024 Live

To ensure transparency and public participation, the Union Budget 2024 presentation will be broadcast live across various platforms:

• Television: Major news channels like Doordarshan, NDTV, and CNBC-TV18 will provide live coverage.
• Online Streaming: Government websites such as the official Lok Sabha TV and the Press Information Bureau (PIB) will stream the budget live.
• Social Media: Platforms like YouTube, Facebook, and Twitter will also host live streams and updates.

Significance of the Union Budget 2024

The Union Budget 2024 holds immense significance for several reasons:

• Economic Recovery: Post-pandemic recovery strategies will be a focal point, aiming to boost economic growth and stability.
• Public Welfare: Initiatives for health, education, and social welfare are expected to receive considerable attention.
• Infrastructure Development: Investments in infrastructure projects will likely be a priority to enhance connectivity and job creation.
• Taxation Policies: Revisions in tax policies to increase revenue without overburdening taxpayers are anticipated.

Expectations from Different Sectors

Agriculture

The agricultural sector, being the backbone of the Indian economy, will look forward to substantial allocations and supportive policies. Improved irrigation facilities, better crop insurance schemes, and initiatives to double farmers' incomes are among the expected highlights.

Healthcare

Given the recent focus on public health, the healthcare sector anticipates increased funding for hospitals, healthcare workers, and public health initiatives. Strengthening the healthcare infrastructure and enhancing pandemic preparedness will be crucial elements.

Education

The education sector is likely to see policies aimed at improving digital education, infrastructure development in rural areas, and skill development programs. These initiatives will help bridge the educational divide and equip the youth with the necessary skills.

Technology and Innovation

Promoting technology and innovation through incentives for startups, research and development, and digital infrastructure will be a key focus. These measures are expected to drive economic growth and create employment opportunities.

Manufacturing and Industry

Boosting the manufacturing sector through initiatives like 'Make in India' and providing incentives for local industries will be significant. Policies to enhance industrial production and reduce dependency on imports are expected.

Public Reaction and Market Impact

The Union Budget often has immediate and long-term impacts on the stock market, investor sentiment, and overall economic environment. Positive announcements in the budget can lead to market rallies, while any unexpected or unfavorable measures might result in market volatility. Public and expert reactions post-presentation will provide insights into the budget's perceived effectiveness and feasibility.

FAQs

When will FM Nirmala Sitharaman present the Union Budget 2024? FM Nirmala Sitharaman will present the Union Budget 2024 on 1st February 2024.

What time will the Union Budget 2024 presentation start? The presentation will start at 11:00 AM IST.

Where can I watch the Union Budget 2024 live? You can watch it live on major news channels, government websites like Lok Sabha TV and PIB, and social media platforms like YouTube, Facebook, and Twitter.

Why is the Union Budget 2024 important? The Union Budget 2024 is crucial for outlining the government's financial strategy, addressing economic challenges, and setting policies for sectors like agriculture, healthcare, education, and more.

What sectors are likely to benefit from the Union Budget 2024? Key sectors expected to benefit include agriculture, healthcare, education, technology, and manufacturing.

How does the Union Budget impact the stock market? The Union Budget can significantly impact the stock market. Positive announcements may lead to market rallies, while unfavorable measures could cause volatility.

Conclusion

The Union Budget 2024 is a critical event that will shape India's economic trajectory. With Finance Minister Nirmala Sitharaman at the helm, the budget will address key areas such as economic recovery, public welfare, and infrastructure development. By tuning into the live presentation, the public can stay informed and engage with the financial future of the nation.