MoS Finance: Union Budget Will Focus On Overall Economy, Not Elections

Guwahati: Ahead of the Budget session, Union minister of state for finance Pankaj Chaudhary on Tuesday said that the Union Budget for 2023–24 would put more emphasis on enhancing the economic conditions of the populace than on elections.

“As far as budget is concerned in view of elections, elections keep coming and going, but how to improve the economic condition of the people of the country, Hon’ble Modi ji’s attention is always there and it will be seen in this budget also,” Chaudhary said.

Chaudhary said Union finance minister Nirmala Sitharaman will present the Economic Survey later today.

He continued that the Budget for tomorrow will be in line with public expectations and take into account all facets of society.

The Union administration is scheduled to present the Economic Survey on Tuesday, meaning that the wait for the yearly national budget is almost over.

Union finance minister Nirmala Sitharaman will table the pre-Budget document in the Parliament after President Droupadi Murmu’s address to the joint sitting of the two houses of Parliament.

The survey report will provide information on the status of the economy, numerous indicators, and the outlook for the upcoming fiscal year 2022–2023 (April–March).

The economy survey may also provide some insight into the style and content of the real 2023–24 budget, which will be unveiled on Wednesday.

The most crucial aspect that many people will pay attention to is its main theme.

Budget 2023 is most likely to be the last complete budget of the Modi government during its second term given that the next Lok Sabha election is scheduled for April or May of 2024.

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