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Budget 2024: Highlights of budget speech of Union Finance Minister Nirmala Sitharaman

Budget 2024: Highlights of budget speech of Union Finance Minister Nirmala Sitharaman

UNI

, Thursday, 1 February 2024 (12:25 IST)
New Delhi: Following are the highlights of the speech of Union Finance Minister Nirmala Sitharaman in the Lok Sabha while presenting the interim budget here on Thursday:

  • Indian economy has witnessed positive transformation in the last 10 years.
  • 80 crore people are getting free ration.
  • Government has assisted 25 crore people to get freedom from multidimensional poverty.
  • Crop insurance has been given to 4 crore farmers under the PM Fasal Bima Yojana.
  • Every year, under PM Kisan Samman Yojana, direct financial assistance is being provided to 11.8 crore farmers.
  • In the last 10 years, all forms of infrastructure -- physical , digital and social are being built in record time.
  • All parts of country are becoming active participant in growth.
  • GST has enabled one nation, one, tax and one market.
  • Proactive inflation management has kept inflation within the policy band.
  • Next five years will be years of unprecedented development and golden moments to realise the dream of developed India by 2047.
  • Government is working towards development which is all round, all inclusive and all pervasive.
  • Through rooftop solarisation, 1 crore households will be enabled to obtain upto 300 units free electricity every month.
  • Government will launch a scheme to help deserving sections of Middle Class to buy or build their own houses.
  • Govt to encourage cervical cancer vaccination for girls.
  • Efforts to boost value addition in agriculture and increase farmers' income will be stepped up.
  • Capex Outlay for 2024-25 is being increased by 11.1% to Rs 11,11,111 crore.
  • Three major railway corridor programmes will be implemented.
  • 40,000 normal train bogies will be converted to Vande Bharat standards.
  • No change in rates either for direct or indirect taxes.

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