Interim Union Budget 2024: FM reaches Rashtrapati Bhawan
The FM will also attend the Union cabinet meeting and then present the budget at around 11 a.m.
Sitharaman will also lay a statement of the estimated receipts and expenditure of the government in the interim budget.
An interim budget serves as a temporary measure, often lacking extensive policy considerations, and typically earmarks funds for crucial government operations over a brief period. Consequently, it undergoes less scrutiny and debate in Parliament.
In contrast, the annual Union Budget is a much more thorough financial blueprint, encompassing all facets of expenditure, fund distribution, and revenue generation for the entire fiscal year.
Lok Sabha elections are scheduled this year.
