The Parliament's Budget session 2024 is slated to occur from January 31 to February 9, as reported by various media outlets. Finance Minister Nirmala Sitharaman is scheduled to present the Interim Budget for FY25 on February 1.
On the inaugural day of the session, President Droupadi Murmu will address both houses, marking the official commencement of the parliament's budget 2024 session.
The Interim Budget 2024 may include a proposal to double the PM Kisan Samman Nidhi for female farmers, potentially incurring an additional ₹12,000 crore for the government. This proposal is expected to be unveiled on February 1.
In a departure from previous years, this budget is set to be interim due to the Lok Sabha elections, slated to take place in two or three months. In election years or when time is limited, the ruling government presents an interim budget, with the full yearly budget crafted by the new government post-elections.
Rather than a comprehensive Economic Survey, this year is anticipated to feature a concise report on India's economic status for 2024–25 preceding the interim budget on February 1.
The finance ministry has requested expenditure proposals for the final batch of Supplementary Demands for Grants from various ministries and departments ahead of the Budget session, expected to commence in the last week of January.
This marks the last session of the 17th Lok Sabha before general elections, and the government aims to secure expenditure approvals for Parliament's four-month period till July 2024 through a vote on account.
The finance ministry, in an office memorandum, indicated that the second batch of Supplementary Demands for Grants for 2023-24 is proposed to be presented during the upcoming Budget session. Eligible cases for inclusion encompass those where advances from the Contingency Fund have been granted.