Union Budget 2024-25 Passed by Lok Sabha
By Rediff Money Desk, New Delhi Jul 30, 2024 18:38
The Lok Sabha has approved the Union Budget 2024-25, with a total outlay of Rs 48.21 lakh crore. Finance Minister Nirmala Sitharaman outlined plans to reduce the fiscal deficit.
![Union Budget 2024-25 Passed by Lok Sabha](https://im.rediff.com/news/2023/feb/01nirmala-sitharaman2.jpg)
Photograph: PTI Photo from the Rediff Archives
New Delhi, Jul 30 (PTI) The Lok Sabha approved the Rs 48.21-lakh crore Budget for 2024-25 of the Union Government.
The lower House also approved the budget of the Union Territory of Jammu and Kashmir with a voice vote.
The Union Budget and Budget for J&K was passed by a voice vote by the Lok Sabha. The relevant appropriation bills were also passed by the House.
Replying to the debate, Finance Minister Nirmala Sitharaman said the fiscal deficit of the central government is proposed to be brought down to 4.9 per cent of the GDP during 2024-25 and further to below 4.5 per cent by 2025-26.
The lower House also approved the budget of the Union Territory of Jammu and Kashmir with a voice vote.
The Union Budget and Budget for J&K was passed by a voice vote by the Lok Sabha. The relevant appropriation bills were also passed by the House.
Replying to the debate, Finance Minister Nirmala Sitharaman said the fiscal deficit of the central government is proposed to be brought down to 4.9 per cent of the GDP during 2024-25 and further to below 4.5 per cent by 2025-26.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.95 ( -1.67)
- 85124590
- PNB Housing Finance
- 779.35 ( -1.87)
- 34851127
- Alstone Textiles
- 0.83 ( -1.19)
- 27125424
- Vodafone Idea L
- 16.22 (+ 1.00)
- 24790054
- AvanceTechnologies
- 0.91 ( -3.19)
- 24195837
MORE NEWS
![CCI Approves...](https://im.rediff.com/80-80/money/2019/oct/29cci.jpg)
CCI Approves Merger of Mangalore Chemicals &...
The Competition Commission of India (CCI) has approved the amalgamation of Mangalore...
![India's Maritime...](https://im.rediff.com/80-80/money/2024/jan/23jan-red-sea-crisis.jpg)
India's Maritime Trade: No Container Shortage,...
India's maritime trade faces no container shortage, Ports Minister Sonowal assures...
![SBI Raises USD...](https://im.rediff.com/80-80/money/2020/nov/04sbi.jpg)
SBI Raises USD 750 Million Term Loan - GIFT...
State Bank of India (SBI) has raised USD 750 million term loan from its GIFT City...