Rise to Fame: Meet Jane Popular

By Goutam sil

February 01, 2024

Finance minister of India Nirmala Sitharaman, introduces the interim budget 2024 for the financial year 2024-2025, on 01 Feb 2024.Here are 10+ game changing points for budget 2024 you should know.

Intro

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No changes in tax rates, both direct and indirect. Tax collections doubled in the last decade.

Income Tax Stability

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Tripled capital expenditure outlay in 4 years. Outlay increased by 11.1%, reaching 3.4% of GDP next year.

Infrastructure Boost

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Converting 40,000 rail bogies to Vande Bharat coaches. Major railway corridors for better connectivity.

Railway Development

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Empowered rural women, increasing beneficiaries target from 2 to 3 crore.

Lakhpati Didi Scheme

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Rooftop solarisation for 10M households for free electricity. Focus on green energy with offshore wind energy and coal gasification.

Electricity Initiatives

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Strengthening EV ecosystem with manufacturing and charging infrastructure.

Electric Vehicles Support

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– States are encouraged to develop iconic tourist centers. Long-term interest-free loans for port connectivity.

Tourism Development

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– FDI inflow reaches $596B during 2014-23. Negotiating bilateral investment treaties for sustained foreign investment.

Encourage Investment

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Establishing one lakh crore corpus for private sector research. Increase the effort in deep-tech technologies in defence of 'atmanirbharta' by several Schemes.

Technology and Innovation

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Extending Ayushman Bharat cover to Anganwadi and Asha workers. Integrating maternal and child healthcare schemes.

Healthcare Initiatives

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Policy focuses on MSME training for global competition. Preparing the financial sector for MSME growth.

MSME Empowerment

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Increased efforts for value addition in agriculture. Encourage both private and public investment for post-harvest activities.

Agriculture and Food Processing

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