00:00 Narendra Modi's NDO government has come into power and everyone's eyes are now on the budget
00:08 presented by Finance Minister Nirmala Sitharaman in July 2024.
00:11 According to the election year tradition, Finance Minister Sitharaman had presented a vote on account on February 1,
00:18 now she is going to present a full budget for the financial year 2025.
00:21 So this time there is a little confusion that when will the budget be presented in July?
00:26 Because in reality, whenever a new government comes, the full budget is presented on July 1,
00:31 but this time two dates are coming out.
00:34 New Parliamentary Secretary Kiran Rijiju posted on X and wrote that the first session of the 18th Lok Sabha,
00:41 24-6-24, from which the date was June 24, 2024 to 3-7-24, i.e. until July 3, 2024,
00:48 the oaths, responses, election of the newly elected members, the speech of the President and discussion on it are being called.
00:55 The 264th session of the Rajya Sabha, 27-6-24, i.e. June 27, 2024, will start and it will end on July 3, 2024.
01:05 Now it is in such a situation that when will the budget be presented for the entire year?
01:09 So the Finance Minister presented the interim budget on February 1.
01:12 This interim budget is a temporary budget until the new government takes over.
01:16 In this, usually no major policy announcements or changes are made.
01:21 The newly elected government presents a full budget for the financial year in July,
01:26 in which the financial policies, expenses and revenue schemes of the new government are detailed for the entire financial year.
01:31 According to media reports, the government can now give priority to the split session through a holiday,
01:36 in which the budget will be presented in the first part in the thank you proposal and in the second part.
01:42 Now, while the Lok Sabha session has been divided into two parts,
01:46 the pro tem speaker can give oaths of office to the newly elected members during the first two days.
01:51 The second part of the session can start on July 22 with the presentation of the interim budget, i.e. the full budget of 2024.
01:58 Reports say that this session will continue until August 9, which will have 15 meetings.
02:04 So in this, two dates are coming out, one is that the budget can be presented on July 22,
02:09 and the second is that the budget can be presented on July 8.
02:12 Although what Kiran Riju has posted has not announced the date of the budget,
02:17 but it is coming out in the media reports that these two dates are not present on July 1,
02:23 but can be presented on July 8 or July 22.
02:26 Because the second session will be called from July 22 to August 9.
02:31 Although in this, the pre-budget consultation will also start from June 18, which will run for 7 to 10 days.
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02:50 [Music]