Union Budget 2023-24 is just around the corner. With so much happening as a run-up to the Budget 2023, it is natural for some to be curious about when, where and how to watch the live telecast of one of the biggest events of the year. Since the Budget not only highlights government’s plans for the country, it also tends to have a lasting impact on the lives of people, one that sometimes goes far beyond the economic impact.
Let’s take a look at some of the finer yet basic details about the Union Budget 2023-24. From date and time of announcement to who will present the Budget, here is all you need to know on one of the biggest financial events of the year.
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Union Budget 2023-24: Date And Time
This year’s Union Budget will be present on February 1, 2023 and as per previous years, the presentation usually begins at 11 am. This presentation is usually done at the very start of the Budget session or the Parliamentary session. However, as per latest media reports, this year, the Parliamentary session of the Union Budget is expected to take place on January 31, while the Budget will be presented on February 1 itself.
In addition to the primary presentation, the Budget session is reportedly expected to continue till April 6, which is also the time when it is expected to end. For the unversed, it is only since 2016 that the Union Budget is being presented on February 1.
Budget 2023-24: Role Of The Finance Minister Nirmala Sitharaman
For those wondering who will present the Union Budget 2023-24, the answer is in the title of this paragraph. Just like 2021, even this year, Union Finance Minister Nirmala Sitharaman will present the Budget 2023 on February 1. In addition to this, the Finance Minister will also present the Economic Survey of India on January 31, as per media reports.
As a practice and to gauge better what the industry wants, the Finance Minister also chaired pre-budget consultations with industry experts few weeks back. In these meetings, industry bodies, experts and leaders submitted their proposals for this year’s Budget.