Union Budget 2024: Here is how the Budget is prepared and passed in India

The Union Budget 2024 is expected to be announced on 23rd July this month. Finance Minister Nirmala Sitharaman will be presenting it in the parliament which is going to be impacting several industries and the Indian economy at a whole going forward. But only a few know that the preparation process is a culmination of various complex processes that involve immense consultations and discussions. From the Estimation, Pre-budget meetings, Consultation, the Halwa ceremony to the Presentation, Discussion and the President’s approval, in this video, we explore what goes into preparation and the passing of the Budget in India. Watch this video to get a peek into the process.