Lagatar24 Desk
New Delhi, Feb 1: Finance minister Nirmala Sitharaman will present the 2023-24 Union Budget on Wednesday. It will be the last full budget of this term of the Bharatiya Janata Party-led government.
On Tuesday, the Economic Survey scheduled in the Parliament claimed that India’s GDP will grow at a baseline value of 11% in nominal terms and 6.5% in real terms.
Prime Minister Narendra Modi on Tuesday promised the Budget will attempt to meet the hopes and aspirations of the common people and make every effort to be a spark of hope for the world amid global economic chaos. He also said that the whole world has its eyes on India’s new budget.
Parliament’s Budget Session began on Tuesday with President Droupadi Murmu’s address to a joint sitting of both Houses. A combative Opposition was expected to raise questions related to issues such as the Adani controversy, inflation, and unemployment.
The session will have 27 sittings and will bring to a close on April 6, with a month-long recess between February 13 and March 12. The government plans to table around 36 bills, including four related to the budgetary exercise, during the session.
