Union Budget 2024: A Milestone Towards Viksit Bharat, Says UP Finance Minister

Uttar Pradesh Finance Minister Suresh Kumar Khanna declared that the Union Budget 2024 will mark a significant milestone towards the development of India. The budget, presented by Finance Minister Nirmala Sitharaman, aims to boost economic growth and address key areas for progress, focusing on inclusive development and economic acceleration.

In anticipation of the Union Budget 2024, Uttar Pradesh Finance Minister Suresh Kumar Khanna emphasized its significance in advancing towards a Viksit Bharat. 'We expect that this budget will be a milestone in the journey towards a Viksit Bharat,' Khanna remarked to ANI on Tuesday.

Khanna highlighted the positive trends in the Indian economy, noting an increase in the growth rate to 8.2% from the previous 6.5%, along with a decline in the employment rate and strengthened economic activities. 'The budget presented today will benefit Uttar Pradesh as well,' he added.

Copies of the Union Budget 2024 were delivered to Parliament ahead of its presentation. The Union Cabinet, led by Prime Minister Narendra Modi, convened in Parliament on Tuesday to endorse the budget, which Finance Minister Nirmala Sitharaman will present.

Prime Minister Narendra Modi attended the cabinet meeting in Parliament this morning. On Monday, he commended the Economic Survey for highlighting the strengths of the economy and identifying future growth areas as the government strives to build a Viksit Bharat.

Union Ministers Amit Shah, Rajnath Singh, and Pralhad Joshi also arrived at Parliament for the cabinet meeting. At 11 am, Finance Minister Nirmala Sitharaman will introduce the Union Budget 2024-25.

Earlier today, Sitharaman met President Droupadi Murmu before heading to Parliament, marking her seventh consecutive budget presentation. The budget is expected to bring changes in the income tax structure and improve the ease of doing business. Minister of State for Finance, Pankaj Chaudhary, stated that the budget will follow the principle 'Sabka Saath, Sabka Vikas.'

Union Minister Pralhad Joshi expressed optimism that the budget will further accelerate India's economic growth, praising the leadership of Prime Minister Narendra Modi. 'The budget presented today by Nirmala ji will also help our country, which is the fastest-growing economy,' Joshi commented.

The budget session of parliament, which commenced on July 22, is scheduled to conclude on August 12. (ANI)

(With inputs from agencies.)