The Union Budget is presented annually by Finance Minister Nirmala Sitharaman on February 1st. This will mark the second Budget of the Modi government’s third term and Nirmala Sitharaman’s eighth consecutive budget presentation, including one interim budget. In this article, we answer your questions about the date, time, and where to watch the Budget.
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on 1st February 2025.
Note: Please note that the exact date is typically announced by the government closer to the time, but February 1 has been the standard for recent years.
The Union Budget is the annual financial statement, which provides an estimate of the government’s receipts and expenditures for the upcoming year. It plays a pivotal role in shaping the nation’s economic agenda, guiding fiscal policies, and determining the allocation of resources across various sectors.
The Union Budget 2025 is expected to center around the themes of 'Amrit Kaal' and 'Viksit Bharat.' These priorities are designed to foster growth and development across various sectors, in line with the vision of transforming India into a developed nation.
The Finance ministry started working on the Budget in October, 2024. It involves discussions with various ministries to finalise financial estimates and requirements for the upcoming fiscal year. Prime Minister Narendra Modi also engaged with economists and sector leaders in December 2024.
A fiscal deficit is the shortfall that occurs when a government's expenditures exceed its revenues in a given year. It represents the gap between what the government collects in income and what it spends. This difference is usually filled by the government by the borrowings.
The 2025 Budget will be broadcast live on DD News and Sansad TV, as well as on their respective YouTube channels. We will soon provide the YouTube links on this page for easy access.
Related Articles: