Nirmala Sitharaman Presents 8th Straight Budget, Eyes Middle-Class Relief and Economic Growth

Finance Minister Nirmala Sitharaman arrived at Parliament today to present her record-setting eighth consecutive Union Budget, a move that brings her closer to the historic milestone of ten budgets presented by former Prime Minister Morarji Desai. With middle-class taxpayers eagerly awaiting relief, expectations are high for adjustments in income tax slabs to counter rising inflation and stagnant wages. The budget is also expected to introduce measures to stimulate consumption while maintaining a fiscally responsible approach to narrowing the deficit. As Sitharaman unveils her proposals, all eyes are on how the government balances economic stimulus with fiscal prudence.

The Economic Survey 2024-25, tabled earlier, projects India's GDP growth at 6.3% to 6.8% for the next fiscal year, following an estimated 6.4% expansion this year. To sustain this momentum, the budget is likely to prioritize infrastructure spending, manufacturing incentives, and social welfare programs. Industry leaders and common citizens alike are keenly watching for policies that could ease financial burdens and drive economic resilience. As Sitharaman takes the podium, the nation anticipates a budget that addresses immediate concerns while laying a strong foundation for long-term growth.