#Watch| FM Nirmala Sitharaman To Present Interim Budget 2024 Today| Oneindia News

  • 7 months ago
Finance minister Nirmala Sitharaman will be presenting the Interim Budget 2024 in the lower house of Parliament. This is for the sixth time that FM Sitharaman is presenting the budget. A lots of big announcements are expected as India heads into election mood next month for the 2024 general elections.

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00:00 Today is a big day for the NDA2 government as the Finance Minister Nirmala Sitharaman
00:06 will be presenting the interim budget for the year 2024 before India heads into the
00:12 general elections.
00:14 The Parliamentary Affairs Minister outlined the main agenda of the brief session including
00:18 the President's address and a presentation of the interim budget and the debate on the
00:22 motion of thanks to the President's address culminating in a reply by the Prime Minister.
00:27 Many people, including the lower class and the upper-rich class, have some big expectations
00:32 from the budget.
00:33 There is a call for announcements that provide a nudge in the right direction for various
00:37 sectors.
00:38 Mentioning schemes announced in previous budgets to boost Indian start-ups, there are also
00:42 calls for measures to be announced to attract domestic and foreign investment.
00:47 Expectations also include a focus on digital infrastructure, allocation of funds to build
00:51 a robust digital payment ecosystem for wider penetration, development of rural infrastructure
00:57 and strengthening of cyber security measures.
01:00 In addition, there are also some expectations to bring the GST on fuel which may possibly
01:04 reduce the fuel charges.
01:07 The upcoming budget presents an opportunity to lay the groundwork for a flourishing and
01:11 creative economy too.
01:13 Educational experts are calling on the government to support in shaping the design education.
01:17 Proposals include establishing a national education research fund to support innovation
01:21 and attract talent, improving faculty development and infrastructure.
01:26 Whereas in the wake of the upcoming budget, there is also an optimism about further reforms
01:30 that could catalyse the start-up ecosystem in India.
01:34 Anticipated measures include streamlined funding process, enhanced digital infrastructure,
01:39 targeted skill development, etc.
01:42 The manufacturing sector also anticipates a visionary PLI scheme this time too, fostering
01:47 innovation for global competitiveness.
01:49 Whereas there is also some chances that tax slabs may get renewed despite the fact that
01:54 last year it just got revamped.
01:57 As these expectations run high, the diverse range reflects the nation's eagerness for
02:02 an impactful policy that can propel growth across all sectors of India.
02:06 And so, we advise you too to stay tuned at One India News English for a comprehensive
02:11 coverage and insights as the budget unfolds.
02:20 [BLANK_AUDIO]

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