
Sat Feb 01 05:57:07 UTC 2025: ## Sitharaman Presents Eighth Union Budget Amidst Economic Slowdown
**New Delhi, February 1, 2025** – Finance Minister Nirmala Sitharaman today presented the Union Budget 2025-26 to the Lok Sabha. This marks her eighth budget and the second for the BJP-led NDA government’s third term. The budget comes at a time when India’s economic growth has slowed to a four-year low of 6.4%, prompting calls for tax relief to boost consumption.
Sitharaman, arriving at Parliament House this morning, will continue the tradition of a paperless budget, forgoing the decades-old leather briefcase in favor of a traditional red cloth-wrapped ‘bahi-khata.’ The Union Cabinet approved the budget earlier today.