FM Nirmala Sitharaman to Present Union Budget on July 23
ECONOMY & POLICY

FM Nirmala Sitharaman to Present Union Budget on July 23

Finance Minister Nirmala Sitharaman is set to present the Union Budget for the year 2024 on July 23. This annual financial statement is anticipated to outline the government's fiscal policies, expenditure plans, and economic strategies aimed at steering India's economic growth amidst global and domestic challenges.

The upcoming budget holds significant importance as it comes at a crucial juncture when the country is navigating through post-pandemic recovery and striving to sustain economic momentum. It is expected to focus on boosting infrastructure development, enhancing healthcare facilities, stimulating industrial growth, and promoting digital transformation.

Key sectors such as agriculture, manufacturing, healthcare, education, and infrastructure are likely to receive special attention in the budget proposals. The government is expected to announce measures to address unemployment, support MSMEs (Micro, Small, and Medium Enterprises), and encourage investments to revive economic activities.

Amidst rising inflationary pressures and global economic uncertainties, stakeholders are keenly awaiting the budget's fiscal policy stance and allocation priorities. The budget session presents an opportunity for the government to reaffirm its commitment to inclusive growth and sustainable development while balancing fiscal prudence.

Finance Minister Nirmala Sitharaman's budget presentation will be closely watched by industry leaders, economists, and the general public alike for its potential impact on various sectors and overall economic trajectory. It is poised to set the tone for India's economic agenda in the coming fiscal year, aiming to propel growth and resilience amid evolving global dynamics.

Finance Minister Nirmala Sitharaman is set to present the Union Budget for the year 2024 on July 23. This annual financial statement is anticipated to outline the government's fiscal policies, expenditure plans, and economic strategies aimed at steering India's economic growth amidst global and domestic challenges. The upcoming budget holds significant importance as it comes at a crucial juncture when the country is navigating through post-pandemic recovery and striving to sustain economic momentum. It is expected to focus on boosting infrastructure development, enhancing healthcare facilities, stimulating industrial growth, and promoting digital transformation. Key sectors such as agriculture, manufacturing, healthcare, education, and infrastructure are likely to receive special attention in the budget proposals. The government is expected to announce measures to address unemployment, support MSMEs (Micro, Small, and Medium Enterprises), and encourage investments to revive economic activities. Amidst rising inflationary pressures and global economic uncertainties, stakeholders are keenly awaiting the budget's fiscal policy stance and allocation priorities. The budget session presents an opportunity for the government to reaffirm its commitment to inclusive growth and sustainable development while balancing fiscal prudence. Finance Minister Nirmala Sitharaman's budget presentation will be closely watched by industry leaders, economists, and the general public alike for its potential impact on various sectors and overall economic trajectory. It is poised to set the tone for India's economic agenda in the coming fiscal year, aiming to propel growth and resilience amid evolving global dynamics.

Next Story
Infrastructure Urban

Gurugram to Launch Real-Time Waste Collection App in August

The Municipal Corporation of Gurugram (MCG) plans to introduce an app in August that will provide residents with real-time information about waste collection services. Developed by a private firm, the app will allow residents to track the live location of waste collection vehicles, receive updates on expected arrival times, and monitor the vehicles' proximity to their homes. A research team from a private university in Gurugram has been tasked with identifying features to enhance the app's efficiency and transparency in waste management. Their findings, expected within 15 days, will be reviewe..

Next Story
Infrastructure Transport

South India's First Double-Decker Flyover Opens for Trial Run

South India's first double-decker rail-cum-road flyover was partially opened for a trial run officials announced. Deputy Chief Minister and Bengaluru Development Minister D. K. Shivakumar conducted a 'trial walk' on the newly built flyover, which extends from Ragigudda to Central Silk Board and forms part of the Yellow Line of the Bengaluru Metro. Transport Minister Ramalinga Reddy and other officials also participated in the event. Constructed by the Bangalore Metro Rail Corporation Limited (BMRCL) at a cost of Rs 4.49 billion, the flyover is currently open for vehicular movement on only one ..

Next Story
Infrastructure Transport

GMDA to Reconstruct Key Gurugram Road and Build Flyover

The Gurugram Metropolitan Development Authority (GMDA) announced plans to reconstruct a major master sector dividing road from the Dwarka Expressway junction with Sector 86 Road to IMT Manesar at a cost of ?600 million. This road, currently in severe disrepair, will pass through Sectors 84/88, 85/89, 86/90, and 87/92. Additionally, GMDA will build a ?590 million flyover at Dadi Sati Chowk in Sector 86. "The road will be reconstructed similar to Rampura Road, and the tender for this has been floated," stated Arun Dhankhar, GMDA's chief engineer. Special repairs for major roads across Gurugram a..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000