Union Finance Minister Nirmala Sitharaman reached Rashtrapati Bhawan to name on President Droupadi Murmu earlier than presenting the interim Union Budget for 2024 in Lok Sabha.
The FM can even attend the Union cupboard assembly after which current the price range at round 11 a.m.
Sitharaman can even lay an announcement of the estimated receipts and expenditure of the federal government within the interim price range.
An interim price range serves as a short lived measure, usually missing in depth coverage issues, and sometimes earmarks funds for essential authorities operations over a quick interval. Consequently, it undergoes much less scrutiny and debate in Parliament.
In distinction, the annual Union Budget is a way more thorough monetary blueprint, encompassing all aspects of expenditure, fund distribution, and income era for your complete fiscal yr.
Lok Sabha elections are scheduled this yr.
(With inputs from IANS)