Budget 2024: Finance Minister Nirmala Sitharaman will unveil the first Union Budget of the Modi 3.0 government in the third week of July. The upcoming budget is likely to be an extension of the interim budget presented earlier this year in February 2024. In the run-up to the event, the finance minister held several pre-budget consultations with representatives of various sectors in June.
In the Interim Budget 2024, the government announced an 11 per cent increase in capital expenditure (capex) for the fiscal year 2024-25, raising the allocation to ₹11.11 lakh crore. The allocation is double what was allocated 10 years ago.
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Published: 02 Jul 2024, 09:35 PM IST
