Every year the Indian government presents the budget and it highlights the major changes in various fields of government organizations and other major issues which need to be highlighted for the citizens.
Delve into this article to know more about the Budget 2024-25 key highlights and other details delivered by the Finance Minister Nirmala Sitharamam.
Budget 2024 News Today
Budget 2024 news today highlights that the financial budget of the year 2024 has been delivered by the finance minister Nirmala Sitharamam today at the Parliament House.
It was the sixth time the budget was presented by the Sitharamam under the reign of prime minister Modi in his second term. However, the entire full budget will be out in July when the new government will be formed after the lok sabha elections of 2024.
The Election Budget 2024 news today live
The Election budget 2024 is the interim budget and the entire full budget will be shown in the month of July of the same year. This year the budget highlights the fiscal consolidation, infrastructure, agriculture, green growth and railways. This year union budget 2024 shows no changes on the tax rates. Pointing no advantage to salaried individuals.
Interim live budget 2024 introduced by Nirmala Sitharamam, budget highlights 2024 shows the increase in the government spending on infrastructure and development projects. According to the budget shown the Indian economy has increased its value and has witnessed a massive transformation in the last 10 years. According to Nirmala Sitharamam, the Indian government is set to make India a developed nation by the year 2047. Her key highlights shows that farmers, youth and poor women are the main focus in the interim budget of 2024. People can check the key highlights of the budget 2024 date and time followed by 1 February 2024 with a time of 11PM IST.
Budget 2024 LIVE Updates
Get all the latest and live updates of the 2024 budget here. After a great introduction by the finance minister, the key highlights shows that the India-Middle East-Europe Economic Corridor project will start soon. Taking this project forward said by Nirmala Sitharamam.
Her major focus highlights the three categories such as poor women, farmers, and youth. Major focus on the infrastructure, use of technology that help to improve productivity and challenges for demographic transition.
Budget 2024 LIVE: 11% capex growth on high base
Budget 2024 live of 11% capex growth on a high base shows that the government will continue to face such great growth. This capital expenditure outlay of the year 2024-25 has got an increase of 11% growth in the GDP. This multiple growth in economic and employment generation.
Additionally, the finance minister Nirmala Sitharamam stated that the government will present a “Viksit Bharat” Road map in July. This project will describe the roadmap direction and construction even to rural areas. However, the entire full budget of the year 2024 will be out in the month of July after the lok sabha election.