Interim Budget 2024: While presenting the interim budget, Finance Minister Nirmala Sitharaman has enumerated many achievements of the Modi government at the Centre. You can know the moment-to-moment updates of the budget here.
Finance Minister said to focus on all sections
The Finance Minister’s budget speech said that development programs have provided the benefits of housing for all, water for every household, electricity for all, cooking gas for all and bank accounts for all in record time. The focus has been on making every household and individual financially capable through financial services. Enumerating the achievements of the government, the Finance Minister said that this budget will also be helpful in making the roadmap of developed India in future.
Finance Minister made these announcements regarding Railways-Infra
Finance Minister Nirmala Sitharaman said that the number of airports has been doubled in 10 years and more than 1000 new aircraft have been ordered in the country. Rs 11 lakh 11 thousand 111 crore will be spent on infrastructure and its expenditure is being increased by 11 percent. While making the announcement for Railways, the Finance Minister said that 40 thousand bogies will be upgraded in Vande Bharat.
Finance Minister did not give any relief to taxpayers
Finance Minister Nirmala Sitharaman has not given any relief to the common taxpayers of the country and has not made any changes in the tax slab and tax regime. This means that you will have to pay income tax at the same rate at which you are paying tax.
Finance Minister revised fiscal deficit target
The Finance Minister said that the country’s fiscal deficit against GDP has been revised to 5.8 percent. The tax receipt budget has also been revised. We are revising the target of fiscal consolidation. The country’s fiscal deficit target for 24-25 is being reduced to 5.1 percent of the total size of GDP.Â
Finance Minister’s big budgetary announcement for women
The Finance Minister said that many schemes are being run for women in the country which is leading to their economic and social development. Under the Lakhpati Didi scheme, there have been 1 crore Lakhpati Didis in the country. Its target has been increased from 2 crores to 3 crores and the target has been set to create 3 crore Lakhpati Didis. Cervical cancer vaccine will be administered to girls of 9 to 14 years of age so that this cancer can be prevented.
FM enumerated achievements during the budget speech
Under PM Awas, 70 percent houses have been given to women. 38 lakh farmers have benefited from PM Sampada Yojana. Cervical cancer vaccine will be administered to girls aged 9 to 14 years. The benefits of Ayushman Bharat will be given to all Asha workers and Anganwadi workers. A housing plan will be launched for the middle class and the government’s scheme to provide free electricity to 1 crore solar panel households will prove to be a game changer.
Economic policy will fulfill people’s aspirations- Finance Minister
The government will adopt such an economic policy that will fulfill the aspirations of the people and will lead to inclusive growth. Will work together with the states to effectively implement economic policies. The government’s target of building 3 crore houses has been achieved and the target is to build 2 crore more houses in the next 5 years. Under the Roof Top Solar Scheme, 300 units of electricity will be made available to the people free of cost – the Finance Minister said during the budget speech.Â
Saving of Rs 2.7 lakh crore by depositing money in Jan Dhan accounts – Finance Minister
Finance Minister Nirmala Sitharaman said that Rs 2.7 lakh crore has been saved by depositing money in Jan Dhan accounts and the government’s economic management is of such a high level that it has given new direction and new hope to the country. The Modi government has made arrangements so that all states and sections of the country can collectively benefit from the country’s economic progress. The financial sector is being made stronger and capable of operating more easily. The difficult challenges regarding inflation in the country are being overcome and inflation figures have come down.
Government’s focus on GDP growth – Finance Minister
The Finance Minister said that the government’s focus is on the development of GDP and the efforts of the government for this are bearing fruits. Challenges are increasing due to global tensions but India has achieved good GDP growth even in this crisis. One Nation One Market has been achieved under GST and the announcement of building a corridor between India and Middle East Europe will prove to be a game changer.Â
Modi government gave new direction and new hope to the country – Finance Minister
The Finance Minister said that government assistance has been given to 11.8 crore farmers and cash amount is being transferred directly to crores of farmers through the PM Kisan Samman Nidhi Scheme. The Annadata of the country is benefiting from this scheme and the benefit of PM Fasal Yojana is being given to 4 crore farmers. We have established 300 universities and provided reservation to one-third women.
Government’s focus on inclusive development
Finance Minister Nirmala Sitharaman said that the Modi government has been successful in taking 25 crore people out of multidimensional poverty. The government is focused on inclusive development and emphasis is on empowerment of poor, women, youth and farmers. 4 crore farmers have been given the benefit of crop insurance scheme and 78 lakh vendors have been helped under the PM Swanidhi scheme. Rs 34 lakh crore money has been transferred directly through Jan Dhan.
We will make India a developed country by the year 2047 – Finance Minister
Union Finance Minister Nirmala Sitharaman said that a lot of changes have been seen in the Indian economy in recent times. When PM Modi took power in 2014, there were many challenges. Many programs and schemes were made in the interest of the public so that the economy could be strengthened and people could get employment. The government’s focus is on inclusive development and there is talk of development for all for all categories and people. By 2047 we will make India a developed country.
