India's Budget 2024-25: Steering Towards Sustainable Prosperity
The Indian Budget for 2024-25 stands as a beacon of fiscal responsibility and visionary governance, charting a course towards a sustainable and inclusive future. Below is a tabular summary capturing the essence of this fiscal blueprint. 1. Infrastructure: Record allocation of 11.11 trillion rupees for infrastructure creation. 2. Fiscal Management: Fiscal deficit targeted at 5.1% of GDP; divestment target at ₹50,000 crore. 3. Taxation: Stable tax slabs; retention of current direct and indirect tax rates. 4. Economic Corridors : Introduction of three major railway corridors for enhanced logistics and GDP boost . 5. Tourism : Special projects for boosting tourism, especially in island regions like Lakshadweep. 6. Social Welfare : Continued focus on poverty reduction and welfare schemes like PM SVANidhi and PM Kisan Yojana . 7. Women Empowerment : Focus on 'Nari Shakti', with increased female enrolment in higher education and healthcare benefits. 8. Environmental Sustainability: ...