The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Budget for the fiscal year 2022-23. Earlier, Finance Minister Nirmala Sitharaman met President Ram Nath Kovind at Rashtrapati Bhavan this morning before presenting the Union Budget 2022-2023 in Parliament. Along with Ms Sitharaman, Minister of States for Finance, Dr Bhagwat Kishanrao Karad and Pankaj Chaudhary, as well as senior officials of the Ministry were also present.