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.
Budget Theme:
- 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.
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