Union Budget 2024

Nirmala Sitharaman, Hon’ble Finance Minister presented the first budget of the current government. The budget, particularly focuses on employment, skilling, MSMEs, and the middle class and for all-around prosperity. The budget also details nine priorities for generating ample opportunities for all and suggests specific actions and reforms required to realise the goal of Viksit Bharat.

This budget emphasizes sustainable growth, social welfare, and digital infrastructure. Key highlights include increased allocations for healthcare and education, aiming to bolster the nation's human capital. A notable focus on green energy initiatives reflects India's commitment to environmental sustainability. Additionally, the budget introduces incentives for start-ups and MSMEs, fostering innovation and entrepreneurship. Tax reforms and measures to enhance ease of doing business further underline the government's intent to create a more conducive economic environment. Overall, the Union Budget 2024 is a strategic effort to balance growth with inclusivity and sustainability, setting a forward-looking agenda for India's development.

• Focus on employment, skilling, MSMEs, and the middle class.
• Announcement of Prime Minister’s package of 5 schemes and initiatives to facilitate employment. Skilling and other opportunities for 4.1 Cr youth over a 5-year period with a central outlay of INR 2 Lakh Cr.
• Provision of INR 1.48 Lakh Cr for education, employment and skilling.