Union Budget 2024-25: Key Highlights and Analysis
Multidimensional Poverty Reduction and Economic Empowerment
According to Finance Minister Nirmala Sitharaman, over 25 crore individuals have escaped multidimensional poverty. The government's Garib Kalyan Deshka Kalyan DBT has facilitated savings amounting to Rs 27 lakh crore. Additionally, credit assistance has been extended to 78 lakh individuals. Readers can access the complete PDF of FM Nirmala Sitharaman's Budget Speech for more details.
Enhanced Capital Expenditure for Infrastructure Development
The government has proposed a significant 111% increase in Capital Expenditure Outlay for FY 2024-25, reaching Rs 40,000 crore. This allocation will enable the conversion of 40,000 typical rail bogies into enhanced versions.
Interim Union Budget 2024-25 Analysis
The Interim Budget for 2024-25, presented on February 1, 2024, by Finance Minister Nirmala Sitharaman, focuses on key areas to drive economic growth. The full speech is available to the public, and individuals can download the PDF version from the official website.
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