New Delhi, Feb 1: The Union Cabinet headed by Prime Minister Narendra Modi on Thursday approved the pre-election budget 2024-25, sources said.

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. Union Budget 2024-25 Live Streaming Online: Date, Time and Where to Watch Finance Minister Nirmala Sitharaman’s Budget Speech? All You Need to Know.

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. Union Budget 2024: Finance Minister Nirmala Sitharaman Arrives at Parliament With Her Trademark Tablet 'Bahi-Khata' (Watch Video).

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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)