Union Budget 2024-25 HIGHLIGHTS| Budget focuses to foster economic resilience, technological advancement & sustainable growth

Jul 23, 2024 04:08 PM

Union Budget 2024-25- Boosting Economy, Tech, and Growth

This budget, with its detailed allocations and revenue plans, underscores the government's strategy to foster economic resilience, technological advancement, and sustainable growth.

Jul 23, 2024 04:07 PM

'Empowerment of new middle class': PM Modi addresses nation after Union Budget 2024 announcement

Prime Minister Narendra Modi addressed the nation after Finance Minister Nirmala Sitharaman presented the Union Budget 2024, saying "This budget is for the empowerment of the new middle class."

 "In the last ten years, 25 crore people have come out from poverty. This budget aims to strengthen the new middle class. This budget will provide infinite opportunities for the youth. It will bring education and skills to a new level. This budget will empower the new middle class."

"This budget will benefit women, small businessmen, and MSMEs," the Prime Minister stated.

Jul 23, 2024 04:06 PM

A detailed map of the funds allocation to major schemes

• The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) sees an increase from Rs 60,000 crore in FY23-24 to Rs 86,000 crore in FY24-25, aimed at enhancing rural employment.
• Nuclear power projects receive a boost from Rs 442 crore to Rs 2,228 crore, while the development of semiconductors sees a substantial increase from Rs 3,000 crore to Rs 6,900 crore, underscoring the push towards technological advancement.
• Direct Benefit Transfer for LPG is allocated Rs 1,500 crore, up from Rs 180 crore, to support energy access. Solar power allocation doubles from Rs 4,970 crore to Rs 10,000 crore, reflecting the government's commitment to renewable energy.

Jul 23, 2024 04:06 PM

A detailed map of the funds allocation to key sectors