Union Cabinet approves Budget 2022; FM Sitharaman to present it shortly

Union Minister of Finance Nirmala Sitharaman arrives at Parliament for the presentation of the Union Budget 2022-23 (PTI)Premium
Union Minister of Finance Nirmala Sitharaman arrives at Parliament for the presentation of the Union Budget 2022-23 (PTI)
1 min read . Updated: 01 Feb 2022, 11:00 AM IST Livemint

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The Union Cabinet on Tuesday approved the Budget for the next financial year beginning 1 April.

Finance Minister Nirmala Sitharaman is all set to present the Budget at 11 am today.

The cabinet meeting began at around 10:20 am ahead of the Budget presentation.

Prime Minister Narendra Modi, Defence Minister Rajnath Singh, Union Home Minister Amit Shah, Railways, Communications and IT Minister Ashwini Vaishnaw, Parliamentary Affairs Minister Pralhad Joshi, and others were present at the Parliament for the Union Cabinet Meeting ahead of the presenting of the Budget.

The Budget speech will begin at around 11 am today with Sitharaman beginning it with an address to the speaker of Lok Sabha. Usually, the duration of the presentation ranges from 90 to 120 minutes.

Earlier today, Sitharaman met President Ram Nath Kovind ahead of the Budget presentation. She was accompanied by Ministers of State for Finance Pankaj Chaudhary, Bhagwat Karad and other officials from the Ministry.

Amid the ongoing coronavirus pandemic, replacing her signature 'bahi khata', the Finance minister opted to carry the documents in a tablet, which was wrapped in a red-coloured cover with the national emblem emblazoned on it.

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