Nirmala Sitharaman, the finance minister, will speak to the RBI board today

Nirmala Sitharaman, the finance minister, will speak to the RBI board today

Nirmala sitharaman

The Finance Minister will concentrate on the Board members at the post-Budget meeting and discuss the announcements made in the Interim Budget 2024–25.

Following the Budget, it is customary for the Finance Minister for dealing with the Reserve Bank of India Board.

On February 12, the Reserve Bank of India's central board meeting is expected to hear from Finance Minister Nirmala Sitharaman, who will emphasize important aspects of the interim Union Budget. On February 1, Sitharaman will deliver the sixth budget, in which she will lay out the plan for 2024–2025.

Rbi

The Finance Minister will speak to the Board members at the post-Budget meeting, discussing the announcements made in the Interim Budget 2024–25. The conference takes place just after the Budget Session and the 17th Lok Sabha's last session, which concludes on February 9.

Following the Budget, it is customary for the Finance Minister speak to the Reserve Bank of India Board. On February 8, the RBI will release its last bi-monthly monetary policy review ahead of the Finance Minister's speech.

On February 1, she will tie former Prime Minister Morarji Desai's landmark when she unveils her sixth budget. Since July 2019, Sitharaman, the nation's first full-time female finance minister, has unveiled five complete budgets and is scheduled to unveil one interim budget. This week, vote on the account budget.

She will break the record set by her predecessors, Manmohan Singh, Arun Jaitley, P. Chidambaram, and Yashwant Sinha, who have delivered five straight budgets, on February 1 when the interim budget is presented. Between 1959 and 1964, Desai served as Finance Minister and presented five yearly budgets along with one interim budget.

The administration will be able to spend a fixed amount of money under the vote-on-account interim budget 2024–25 until a new government is installed after the general elections in April and May. Sitharaman's interim budget may not include any significant policy adjustments given the impending general elections.