Union Finance Minister Nirmala Sitharaman with team members shows the Budget paper before leaving for Rashtrapati Bhavan, at North Block in New Delhi on July 23, 2024.
| Photo Credit: SHIV KUMAR PUSHPAKAR

The Union Cabinet, headed by Prime Minister Narendra Modi, approved the full Budget for 2024-25, sources said. Following this, Finance Minister Nirmala Sitharaman will present her seventh budget in the Lok Sabha.

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Ms. Sitharaman, India’s first full-time woman Finance Minister, has presented five full budgets since July 2019 and an interim budget on February 1, 2024.

This is the first budget of the BJP-led NDA government in its third term in office.

Earlier today, Ms. Sitharaman called on President Droupadi Murmu before presenting the full Budget for 2024-25. As per established tradition, the Finance Minister met the President at the Rashtrapati Bhavan before heading to Parliament.

President Murmu offered ‘dahi-chini’ (curd-sugar), considered auspicious, to Ms. Sitharaman before she left for Parliament to present the Union Budget.