2024 Union Budget of India

February 01, 2024


BUDGET - Live Commentary

  • FEB 01, 2024  Union Finance Minister Nirmala Sitharaman presents the Interim Budget 2024-25
  • 09:32 AM  Finance Minister Nirmala Sitharaman has arrived at the Finance Ministry with her team.
  • 10:24 AM  Ahead of Budget presentation, team Sitharaman meets President Murmu
  • 10:44 AM  Union Finance Minister arrives at Parliament with the Budget tablet, to present the Interim Budget
  • 11:01 AM  Union Finance Minister rises to present the Union Interim Budget 2024 in Parliament
  • 11:03 AM  Our young country has high aspirations, pride in present and hope and confidence in its bright future - Finance Minister
  • 11:04 AM  In the second term, our government doubled down on its responsibility to build a prosperous country, says Nirmala Sitharaman
  • 11:06 AM  Our government is working towards development which is all round, all inclusive and all pervasive. It covers all castes and people at all levels. We are working towards making India a Viksit Bharat by 2047 - Finance Minister
  • 11:07 AM  For our government, social justice is an effective and necessary governance model - Finance Minister
  • 11:09 AM  We need to focus on the poor, women, youth and farmers / Anna Data. Their needs and aspirations and welfare are our highest priority - Finance Minister
  • 11:11 AM  In the last 10 years, the government has assisted 25 crore people to get freedom from multidimensional poverty - Finance Minister
  • 11:12 AM  Direct Benefit Transfer of Rs. 34 lakh crore using PM Jan Dhan accounts has led to huge savings for the government
  • 11:13 AM  PM SVANIDHI has provided credit assistance to 78 lakh street vendors, from that total, 2.3 lakh have received credit for the third time
  • 11:13 AM  PM JANMAN Yojana reaches out Particularly Vulnerable Tribal Groups. PM Vishakarma Yojana provides end to end support to artisans and craftspeople
  • 11:14 AM  Every year under PM Kisan Samman Yojana, Direct financial assistance is provided to 11.8 crore farmers, including marginal and small farmers. Crop insurance is given to 4 crore farmers under PM Fasal Bima Yojana
  • 11:15 AM  Electronic national agricultural market has integrated 1,361 mandis and is providing services to 1.8 crore farmers with trading volume of 3 lakh crores of rupees
  • 11:17 AM  Skill India Mission has trained 1.4 crore youth, upskilled and reskillled 54 lakh youth and established 3,000 new ITIs. Large no. of institutions of higher learning namely 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMSs and 390 universities have been set up - Financ
  • 11:18 AM  PM Mudra Yojana has sanctioned 43 crore loans amounting to Rs. 22.5 lakh crore for entrepreneurial aspirations of your youth
  • 11:20 AM  Goods Service Tax has enabled one nation one market one tax. Tax reforms have led to deepening, widening of tax base - Finance Minister
  • 11:21 AM  Making Triple Talaq illegal, one third women`s reservation in Lok Sabha and state assemblies, giving over 70% houses under PM Awas Yojana in rural areas to women as sole or joint owners have enhanced their dignity
  • 11:22 AM  Besides delivering on high growth, the government is equally focussed on a more comprehensive GDP - I.e., Governance, Development and Performance - Finance Minister
  • 11:24 AM  The Union Finance Minister has announced two crore more houses will be built under the Pradhan Mantri Awas Yojana - Gramin
  • 11:25 AM  Rooftop solarisation to give 1 crore households 300 units of free electricity per month, says Nirmala Sitharaman
  • 11:28 AM  inance Minister Nirmala Sitharaman said benefits of Ayushman Bharat will be extended to all ASHA and Anganwadi workers
  • 11:30 AM  Finance Minister Nirmala Sitharaman said the government will help deserving sections of middle class to build their own houses
  • 11:32 AM  To meet investment needs, our govt will prepare financial sector in terms of size, capacity, skills, regulatory framework - Finance Minister
  • 11:34 AM  It is an important priotity to ensure timely and adequate finances, relevant tech and appropriate training for MSMEs to grow and compete globally
  • 11:36 AM  A corpus of ₹ 1 lakh crore will be established with 50-year interest free loan to provide long term financing with long tenure with no or less interest rates.
  • 11:39 AM  Charging of electric vehicles,Entrepreneurship opportunities to a large number of vendors for supply and installation, employment opportunities for youth - Finance Minister
  • 11:40 AM  Newly designed U-Win platform for managing immunization and intensified efforts of Mission Indradhanush will be rolled out
  • 11:42 AM  Ayushman Bharat Health care cover under Ayushman Bharat to be extended to all ASHA workers, all Anganwadi workers and helpers
  • 11:43 AM  Outlay for infrastructure has been increased to Rs 11.11 lakh crores in FY25 - Finance Minister
  • 11:45 AM  Revised estimate for FY24 fiscal deficit is 5.8% - Finance Minister
  • 11:51 AM  No proposals to be made on tax rates - direct or indirect - Finance Minister
  • 11:52 AM  For encouraging sustained foreign investment, we are negotiating bilateral investment treaties with our foreign partners in the spirit of First Develop India (FDI) - Finance Minister
  • 11:54 AM  Tax benefits for startups, investments made by sovereign wealth, pension funds to be extended to March 2025
  • 11.55 AM  Withdrawal of outstanding direct tax demands up to ₹ 25,000 pertaining to period up to financial year 2009-10 and up to ₹ 10,000 for financial years 2010-11 to 2014-15. Will benefit a crore taxpayers
  • 11:56 AM  In full Budget in July, government will present a detailed roadmap for our pursuit of Viksit Bharat - Finance Minister
  • 11:58 AM  Empowering Amrit Peedhi, the Yuva - Our prosperity depends on a adequately equipping and empowering the youth
  • 11:59 AM  Union Finance Minister Nirmala Sitharaman has completed the presentation of the Interim Union Budget


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