Finance Minister will be presenting the Union Budget 2024-25. It will be a record seventh consecutive Budget presentation for Ms. Sitharaman.
While a comprehensive analysis would be extensive, here are some key highlights:
Economic Outlook
GDP Growth Target: The government projected a robust GDP growth rate.
Inflation Management: Strategies to control inflation were outlined.
Fiscal Deficit: Targets for reducing the fiscal deficit were announced.
Key Announcements
Infrastructure Development: Significant investments in infrastructure, including roads, railways, and airports.
Agriculture and Rural Development: Focus on boosting agricultural income and rural development initiatives.
Education and Skill Development: Emphasis on improving the education system and skill development programs.
Healthcare: Allocation of funds for healthcare infrastructure and programs.
Tax Reforms: Potential changes in income tax slabs or deductions.
Focus Areas
Green Growth: Initiatives to promote renewable energy and sustainable development.
Digital India: Continued push for digital transformation and e-governance.
MSMEs: Support measures for small and medium enterprises.
Financial Inclusion: Expanding financial services to underserved populations.
