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: Emphasis on renewable energy and rooftop solarisation schemes.




9. Housing Development: Target of building an additional two crore houses under PM Awas Yojana Grameen




10. GDP Reimagining: Redefining GDP to encompass governance, development, and performance.


In crafting this budget, India reaffirms its commitment to building a resilient, inclusive, and green future. It's a fiscal narrative that weaves together the threads of growth, sustainability, and social welfare, setting the stage for India's journey towards its centennial milestone.

Closing the Fiscal Chapter: As the curtains fall on the Budget 2024-25, India stands poised on the cusp of transformation, ready to embrace the challenges of a rapidly evolving world with steadfast resolve and visionary leadership.


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