The Union cabinet, headed by Prime Minister Narendra Modi on Thursday, approved the pre-election budget 2024-25.
Following this, Finance Minister Nirmala Sitharaman will present her sixth budget in the Lok Sabha. She will equal the record of former Prime Minister Morarji Desai.
Sitharaman, the first full-time woman finance minister of the country, has presented five full budgets since July 2019 and will present an interim or vote-on-account budget on Thursday.
With this, she will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row.
Desai, as finance minister, had presented five annual budgets and one interim budget between 1959 and 1964.
The interim budget 2024-25 will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.
