“World’s Eyes on India’s Budget Amid Global Uncertainty” PM Says

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India's Budget
India's Budget

“India’s budget will also be a bright spot for the shaky global economy. I am sure Nirmala (Sitharaman) ji will live up to all expectations,” the PM said.

Significant voices in the economic world are giving positive signals, Prime Minister Narendra Modi said today as he arrived in the Parliament for the budget session. President Droupadi Murmu will for the first time address both the Houses, he pointed out, adding that it’s a day of pride for tribal society.

He said “It has been a tradition in the Parliament that when a new MP speaks for the first time, the entire Parliaments gives them respect and creates an atmosphere to give them confidence. Similarly, today’s address is a first by the President.”

India's Budget

The PM said even the Finance Minister, who will present the union budget tomorrow, is a woman, and that not just India, but the entire world is keeping an eye on our budget. The PM said “This budget will also be a bright spot for the shaky global economy. I am sure Nirmala (Sitharaman) ji will live up to all expectations.”

He added “We have only one thought, the country comes first. In the budget session, we will wrangle and discuss as well. We will have a very good discussion on every issue in the House. All MPs will participate in this session with full preparation. This session will be important for all of us.”

An economic survey by Chief Economic Adviser V Anantha Nageswaran will be tabled in the parliament today by Finance Minister Nirmala Sitharaman, a day before she presents the budget for the next fiscal year. The Economic Survey is the government’s review of how the economy fared in the past year.

India’s annual pre-budget economic survey is likely to peg GDP growth at 6-6.8% for 2023-24, news agency Reuters reported, quoting a source.

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