Elegant. Impeccable. Arresting.
Finance Minister Nirmala Sitharaman was the epitome of grace and understated elegance as she delivered her sixth Union Budget speech on Thursday.
Known for her colourful hand-spun sarees, the Union Minister of Finance & Corporate Affairs, appeared chic in a stunning indigo blue saree. The exquisite saree came with golden-coloured leaf motifs, stood out for its muted elegance.
Sitharaman teamed up the saree with a mustard-coloured blouse that came with blue and yellow borders. In terms of accessories, the politician kept things minimalistic. She was seen wearing a thin gold necklace and a pair of slender gold bangles.
This was her sixth Union Budget speech. She arrived early at the Parliament and was seen flaunting her trademark ‘bahi-khata‘, a tablet wrapped in a red-coloured cloth and bearing a golden-hued national emblem.
Some Highlights From Union Budget 2024
This was one of the shortest budgets delivered by the Finance Minister. She wrapped it up within 58 minutes. With this speech, Sitharaman met the record of former Prime Minister Morarji Desai, who as finance minister, presented five annual budgets and one interim budget between 1959 and 1964.
Here are some highlights.
Sitharaman revealed that the government is moving towards a “greener future,” and aims to cut down vehicle emissions and carbon consumption. She also revealed that the Indian Government intends to reach a Net Zero target by 2070.
In a bid to make India greener in the future, a huge chunk of resources were allotted to developing wind energy. This move was to steer India from over-dependence on fossil fuels and rely on eco-friendly, renewable energy.
She also talked about plans to promote electric vehicles so as to reduce carbon emissions.
However, this interim budget was somewhat of a disappointment to taxpayers as no changes were made to tax slabs. One netizen poked fun at the lack of tax reliefs for middle-class citizens. “Again nothing for Middle class. We will pay same tax rate, and people like Nirav Modi will evade and fly away,” ranted an X user.
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