Budget 2025 - Date, Time, When and Where to Watch Live?

The Union Budget is presented every year by Finance Minister Nirmala Sitharaman on February 1st. This budget will be the second Budget of the Modi government’s third term and Nirmala Sitharaman’s eighth consecutive budget presentation, which includes one interim budget. In this article, we will answer your questions about the date, time, and where to watch the Budget. Usually, the budget session is conducted in two parts. For the upcoming financial year 2025-2026, the first session will last until February 13th,2025. The second session will begin on March 10th, 2025 and ends on April 4, 2025. 

Union Budget 2025 Date

Finance Minister Nirmala Sitharaman will be presenting the Union Budget 2025 in Lok Sabha on 1st February 2025.  Despite the budget being presented on a Saturday, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain open for trading during regular hours from 9:15 AM to 3:30 PM

Note: Please note that the exact date is typically announced by the government closer to the time, but February 1 has been the standard tradition for the past years.

What is a Union Budget?

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. In the Union Budget, the government also outlines its proposed amendments to the Income-tax Act of 1961. 

What is the Main Focus of Budget 2025?

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. 

When did the Budget-making Process Begin for 2025?

The Finance ministry started working on the Budget in October, 2024. It involves discussions with various ministries to finalize financial estimates and requirements for the upcoming fiscal year. Prime Minister Narendra Modi also engaged with economists and sector leaders in December 2024.

What is Economic Survey?

Economic survey is presented by the Finance Minister on 31st January 2025, ahead of the budget speech. It contains the details relating to current state of affairs of the economy, progress and development made in major sectors and future action plans.

What is the Significance of Halwa Ceremony before Budget?

The halwa ceremony is a tradition that has been a part of the Indian budget making process since 1980s. It marks the final stage of preparation for the Union budget. The purpose of this ceremony is:

• Ceremonial Acknowledgement: The Halwa ceremony is a way to honor and recognize the hard work of finance ministry officials involved in preparing the budget. During the event, the Finance Minister, prepares halwa (a traditional Indian sweet) in a large 'kadhai' (wok) and serves it to the staff, symbolizing teamwork and dedication in crafting the country's financial plan.
• Lock-in Phase: After the halwa ceremony, a lock-in period begins where the officials are prohibited from leaving the North Block premises or communicating externally which ensures confidentiality and prevents any leaks of budget details before it is officially presented in Parliament.

What is Fiscal Deficit?

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. 

Budget 2025 Live Streaming

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