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Budget 2024: PM Modi Sets The Tone Emphasising National Development

The prime minister's speech came ahead of the presentation of the Economic Survey 2023-24 later on Monday.

<div class="paragraphs"><p>(Source: Narendra Modi/X)</p></div>
(Source: Narendra Modi/X)

Prime Minister Narendra Modi addressed the media outside Parliament ahead of the commencement of the monsoon session, underscoring the government's commitment to prioritise welfare of the underprivileged, farmers, and women. The session, crucial for shaping India's fiscal policies and legislative agenda, began this morning with expectations high on key economic presentations.

In his customary press statement, PM Modi highlighted the significance of the parliamentarians' responsibility in shaping the nation's future over the next five years. He called upon all parties to transcend political divides and unite in the service of the nation.

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"The public has given its mandate, and now it is for the members of parliament to focus on the nation for the next five years," he said. He stressed the importance of using the parliamentary platform for nation-building initiatives, echoing his vision for a prosperous India by 2047.

Modi's address came as the Monsoon Session kicked off. It is scheduled to conclude on Aug. 12. The session's centerpiece on Monday will be the presentation of the Economic Survey 2023-24 by Union Finance Minister Nirmala Sitharaman. This annual report, accompanied by a statistical appendix, will provide insights into India's economic performance and set the stage for the Union Budget announcement.

According to the parliamentary schedule, the Economic Survey will be presented in the Lok Sabha at 1:00 p.m. and subsequently in the Rajya Sabha at 2:00 p.m., marking a critical juncture for policy debates and fiscal planning.

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