Union Home Minister Amit Shah and Defence Minister Rajnath Singh arrive at the Parliament. A Union Cabinet meeting will be held here shortly. Following this, Union Finance Minister Nirmala Sitharaman will present the Union Budget 2023 at the Parliament at 11 am.
Earlier, Sitharaman arrived at the Parliament after meeting President Droupadi Murmu at the Rashtrapati Bhavan, along with MoS Dr Bhagwat Kishanrao Karad, MoS Pankaj Chaudhary and senior officials of the Ministry of Finance.
The Budget comes at a time when the global economy is crawling out of the slowdown caused by the COVID-19 pandemic and the Russia-Ukraine war, both of which disrupted the global supply chain, leading to a rise in commodity prices.
It will be watched closely for any policy-driven measures to rein in inflation and changes in income tax slabs to ease the burden on the common person’s pocket.
