On 23rd July 2024, the Union Finance Minister Mrs Nirmala Sitharaman presented her seventh consecutive Union Budget. With this being the first Union Budget after the Lok Sabha election, there was considerable enthusiasm towards the Budget. The Impact of Election result on Budget The Budget speech of the Finance Minister clearly shows us that the Lok Sabha election result has shaken the BJP to some extent. The principal ruling party, known for its arrogant approach over the past ten years, was forced to accommodate some of the demands of its key allies the JDU of Bihar and TDP of Andhra Pradesh. The Finance Minister, who was dismissive about the unemployment crisis earlier, was forced to mention the words 'unemployment' and 'jobs' more than 20 times in the Budget Speech. The Impact of Budget on the four 'castes' In paragraph 4 of her Budget Speech, the Finance Minister said: " As mentioned in the interim budget, we need to focus on 4 major castes, namely ...
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