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

• 04:08 PM, Jul 23 2024

  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.

• 04:07 PM, Jul 23 2024

  '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.

• 04:06 PM, Jul 23 2024

  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.
• 04:06 PM, Jul 23 2024

  A detailed map of the funds allocation to key sectors

  
  

  Defence	Rs 4,54,773 crore
  Rural Development	Rs 2,65,808 crore
  Agriculture	Rs 1,51,851 crore
  Home Affairs	Rs 1,50,983 crore
  Education	Rs 1,25,638 crore
  IT and Telecom Sector	Rs 1,16,342 crore
  Health	Rs 89,287 crore
  Energy Sector	Rs 68,769 crore
  Social Welfare	Rs 56,501 crore
  Commerce and Industry	Rs 47,559 crore

Union Budget 2024-25 LIVE UPDATES|  Hello and welcome to PTC News Live Coverage of the Union Budget 2024-25!

Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 after the Cabinet gave its approval.

In her intial comments, Sithamraman said India's economic growth will be a shining exception.

"We are determined all Indians regardless of religion and age achieve life goals and aspirations," Sitharman said.

The Finance Minister presented first Union Budget of the Modi 3.0 government and her seventh consecutive one during the Monsoon Session of Parliament

With the Union Budget 2024-25 presentation, Finance Minister Nirmala Sitharaman surpasses the record set by former Prime Minister Morarji Desai, who presented five annual budgets and one interim budget between 1959 and 1964 as finance minister. 

What is the Union Budget? 

The Union Budget is the annual financial statement of the Government of India, presented in the Parliament by the Finance Minister. It outlines the government's revenue and expenditure plans for the upcoming fiscal year, which runs from April 1 to March 31.

Union Budget 2024-25:Live Telecast

Union Budget 2024-25 will be broadcast live on Sansad TV and Doordarshan. Additionally, you can stream it online via the official YouTube channels of Sansad TV and Doordarshan. The Ministry of Finance will also provide a live stream on their official website, www.finmin.nic.in

How is the Union Budget 2024 Budget presented? 

Like the previous few full Union Budgets, the Budget 2024 will also be delivered in paperless form.

Follow PTC News Live Updates for the latest and real-time updates on trending, breaking; updates on tax slabs, income tax, Costlier and Cheaper Items of Union Budget 2024-25

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