Rajya Sabha to Discuss Union Budget 2024 and Jammu & Kashmir Financial Plan

Rajya Sabha will engage in a critical discussion on the Union Budget and Jammu and Kashmir's budget for 2024-25. Finance Minister Nirmala Sitharaman presented both budgets, highlighting key economic priorities. The session will also include reports from various committees and motions by Union Ministers.

Rajya Sabha is set to engage in a crucial discussion on the Union Budget and the Union Territory of Jammu and Kashmir's budget for the fiscal year 2024-25 later today. Finance Minister Nirmala Sitharaman had earlier presented both financial plans on July 23.

The Union Budget, outlining the government's revenue and expenditure, is a key event shaping the nation's financial direction. The Jammu and Kashmir budget also holds significant importance given the Union Territory's developmental requirements.

According to Rajya Sabha's schedule, the discussion is slated for the second half of the day. Jayant Chaudhary, Pankaj Chaudhary, Nityanand Rai, and Sukanta Majumdar are among the ministers scheduled to present reports on various topics, including education and finance.

Rajya Sabha Secretary General PC Mody will table several Public Accounts Committee reports, covering issues such as school toilets, the Namami Gange project, service tax implications, and Public-Private Partnership projects at Mumbai's international airport.

Union Minister for Parliamentary Affairs Kiren Rijiju will also move motions for elections and nominations to various committees, including those on welfare for other backward classes, scheduled castes, and scheduled tribes.

Finance Minister Nirmala Sitharaman has made history by presenting her seventh consecutive Union Budget during the Monsoon Session. The budget focuses on economic priorities like agriculture productivity, employment, and skill development.

Prime Minister Narendra Modi has praised the budget for its inclusive approach, stating it strengthens all sections of society and aids India's goal of becoming the world's third-largest economy. Home Minister Amit Shah has described it as game-changing for coupling economic growth with youth power.

Union Minister Sarbananda Sonowal called it a 'visionary document', aimed at empowering the poor, women, youth, and farmers. Assam Chief Minister Himanta Biswa Sarma highlighted its focus on job creation and support for small businesses.