Union Budget 2024 - India

Revision in new tax regime rates -
0- 3 lakh - nil
3- 7 lakh - 5%
7 - 10 lakh - 10%
10 - 12 lakh 15%
12-15 lakh 20%
above 15 lakh 30%

Deduction on family Pension increased from 15k to 20k in new tax regime

NPS deduction to be increased from 10 to 14 per cent of employee’s salary
 

STT on F&Os proposed to be increased to 0.02% and 0.01% respectively

TDS rates on ecom operators reduced, credit of tcs to be given on tds in salary

Direct Tax: As per data, for last fiscal more than 2/3 rd availed new income tax regime
 

Direct Tax: As per data, for last fiscal more than 2/3 rd availed new income tax regime
 

Finance Minister Nirmala Sitharaman also announces comprehensive review of Income Tax Act, 1961. This is to make it concise, easy to read and to cut litigation. "Will be completed in six months," she adds.

 

On long-term capital gains
The Finance Minister announced that long-term capital gains on all financial and non-financial assets will attract a tax rate of 12.5%. Additionally, the limit of exemption for capital gains will be set at Rs 1.25 lakh per year.
 

Limit of LTCG tax hiked from 10% to 12.5%, FM says

Solar energy : Energy transition to critical, list of exempted capital goods to be expanded in this sector

Fully exempt custom duties on 25 critical minerals and reduction in two critical minerals
 

Medicine and medical equipment : Three medicines exempted to help cancer patient
 

Govt to increase 10 to 15% on PCBA on specific telecom equipment

1.) Setting up Bharat Small Reactors;

2.) Research and development of Bharat Small Modular Reactor;

3.) Research and development of newer technologies for nuclear energy. The R&D funding announced the in the interim Budget will be made available for this sector also."

Providing information about this, finance minister Nirmala Sitharaman said, "Research and development of small and modular nuclear reactors - nuclear energy is expected to form a very significant part of the energy mix for 'Viksit Bharat'. Towards that pursuit, our government will partner with private sector for

R&D in nuclear energy sector to form a crucial part of 'Viksit Bharat'

GST has reduced tax incidence on common man, enhanced revenues of Centre and State governments
 

Government provides Rs 11.11 lakh crore towards capex for FY25, announced Sitharaman

Step up adoption of tech for digitisation of business
 

As Indian mobile industry has matured with growth in domestic manufacturing, basic customs duty on mobile phones, accessories, and chargers has been reduced to 15%, Sitharaman said,
 

Customs duty on gold and silver to be reduced to 6%, platinum to 6.4%

"Tourism has always been a part of our civilisation. Our efforts to position India as a global destination will also create jobs and unlock opportunities in other sectors. I propose Vishnupath temple at Gaya, and Mahabodhi temple in Bodhgaya are of immense spiritual importance. We will develop corridors there on the model of the successful Kashi Vishwanath corridor to make them a world-class tourist destination. A comprehensive development initiative for Rajgir and Nalanda, in Bihar will be pursued. We will support tourism in Odisha that has scenic beauty, temples, craftsmanship, natural landscapes, wildlife sanctuaries and pristine beaches," she said.
 

Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by Prime Minster Narendra Modi in 2015 to provide loans up to Rs 10 lakh to non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY.
 

Will facilitate flexible leasing of aircraft and ship through variable company structure

Govt cuts duty on mobiles and accessories to 15 %

"joint venture between NTPC and BHEL will set up 100 MW commercial thermal plant using AUSC (advanced ultra supercritical) technology."

On GST, govts says to rationalize the tax structure

GST has significantly reduced tax incidents for the common man and eased compliance for industry, marking a success of vast proportions. To further enhance the benefits of GST, we will strive to rationalize the tax structure.

THREE key takeaways from the Budget

Total receipts – 32.07 lakh crore
Total expenditure 48.21 lakh crore
Fiscal deficit – 4.9% of GDP

As Finance Minister Nirmala Sitharaman continues the budget presentation in Parliament, the Congress party has given its first reaction.

Congress general secretary in-charge communications Jairam Ramesh said, "The Finance Minister has taken a leaf out of the INC's Nyay Patra 2024, with its internship program clearly modelled on the INC's proposed Apprenticeship Program that was called Pehli Naukri Pakki." "However, in their trademark style, the scheme has been designed to grab headlines, with arbitrary targets (1 crore internships) rather than a programmatic guarantee for all diploma holders and graduates, like the Indian National Congress had envisioned," Ramesh said.

E-sharm portal will be linked to other portals to enhance it reach, connect job aspirants with potential employers

Fiscal deficit estimated at 4.9% of GDP

The govenment will provide assistance to Assam for flood management and related projects.

It will also provide assistance to Himachal Pradesh, Uttarakhand and Sikkim suffered due to natural disaster.

Lastly, the government will provide Rs 11,500 crore to Bihar for flood mitigation.
 

Space economy to be expanded by five times over next 10 years
 

Union Budget 2024-25 proposes Prime Minister’s Package in a boost to skilling:
✅ Skilling Programme & Upgradation of Industrial Training Institutes

✅ Internship in Top Companies

 

The Finance Minister stated that rules and recognition for Foreign Direct Investments (FDIs) will be simplified to facilitate their inflow. This move aims to prioritize and promote the use of the Rupee for overseas investments.

FDI rules to be simplified further

"PM Suryaghar Muft Bijli Yojana has been launched to install rooftop solar panels to enable 1 crore households to obtain free electricity upto 300 units each month. This scheme will further encourage it," she said.

Further she said that a "joint venture between NTPC and BHEL will set up 100 MW commercial thermal plant using AUSC (advanced ultra supercritical) technology."
 

Free electricity upto 300 units per month for 1cr household under solar panel scheme

The Finance Minister stated that a mechanism will be established to spur private-driven research at a commercial scale, supported by a financial pool of Rs 1 lakh crore, as announced in February.

Gaya and Mahabodhi temples to get corridors, Nalanda to be transformed into tourism hub, FM announce

However, revised estimates in the interim Budget had showed that capex targets were not met in the current year.
 

Govt keeps capex target unchanged at Rs 11.11 lakh crore

Huge push to consumption through increased focus and outlay for agriculture reforms, employment generation, urban housing, etc is a big positive for the consumer sector,” says Paresh Parekh, Tax Leader - Consumer Products and Retail Sector, EY India

The Finance Minister acknowledged that Bihar has frequently suffered from floods, noting that plans to build flood control structures in Nepal have yet to progress. The government will provide financial support with an estimated cost of Rs 11,500 crore. Assam, which grapples with floods every year, will receive assistance for flood management and related projects. Himachal Pradesh, having suffered extensive losses due to floods, will also receive support for reconstruction through multilateral assistance. Additionally, Uttarakhand, which faced significant damage from landslides and cloudbursts, will be provided with necessary assistance.

The finance minister also highlighted the stability of the country's inflation rate, which is steadily approaching the target of 4 per cent. Additionally, she mentioned that the core inflation rate currently stands at 3.1 per cent.

Finance minister Nirmala Sitharaman announced PM Awas Yojana-Urban 2.0 that would fulfill housing requirements of 1 crore poor and middle-class families.

This year, over 11 lakh crore capital expenditure allocated on infrastructure, 3.4 per cent of GDP
 

Finance minister Nirmala Sitharaman announced PM Awas Yojana-Urban 2.0 that would fulfill housing requirements of 1 crore poor and middle-class families.

PM Awas Yojana-Urban 2.0 to fulfill housing needs of 1 crore people, said Sitharaman

"The govt will partner with the private sector for setting up Bharat small reactors, research and development of Bharat small modular reactors & research and development of newer technologies for nuclear energy."

 

Appropriate regulations for transitions for hard to abate insutry will be put in place

The Finance Minister highlighted the focus on energy security, announcing that a policy document on energy transition pathways will be released, emphasizing employment and sustainability. The PM Surya Ghar Muft Bijli Yojana has been launched to install rooftop solar plants, providing free electricity up to 300 units per month to 1 crore households. The initiative has already seen 1.28 crore registrations and 14 lakh applications, which is a remarkable achievement.

The Finance Minister announced that states charging high stamp duty will be encouraged to moderate their rates for all. Additionally, further reductions in duties for properties purchased by women will be considered. These measures will also be incorporated as essential components of urban development schemes.

SMR: Nuclear energy: Small and modular reactors: Partner with private for setting up Bharat small reactors

Under the PM Awas Yojana, urban housing needs of 1 crore urban poor and middle class families to be addressed with an investment of 10 lakh crore, Sitharaman announced.

Pradhan Mantri Janjatiya Unnat Gram Abhiyan to be launched for improving the socio-economic condition of tribal communities

Water supply and sanitation: Promote sewage treatment and solid waste management for 100 large cities

Introduction of 109 high-yielding, climate-resilient varieties of seeds is salutary

States to be encouraged to lower stamp dut

States to be encouraged to lower stamp duty

Special attention to MSMEs

A new mechanism announced for facilitating continuation of bank credit to MSMEs during their stress period. Limit of Mudra loans increased from Rs 10 lakh to 20 lakh. Turnover threshold of buyers for mandatory onboarding on TREDS platform to be reduced from Rs 500cr to & Rs 250cr. Financial support for 50 multi-product food irradiation units in MSME Sector. E-Commerce export hubs to be set up in PPP* mode to enable MSMEs & traditional artisans to sell their products in international markets.

 

In a major boost to the employment and skill development sector, finance minister Sitharaman said that the government is set to launch an internship scheme for 1 crore youths in over 500 firms.
 

Tuesday saw a 9% increase in shares of fertiliser and agriculture companies following Finance Minister Nirmala Sitharaman's announcement of Rs 1.52 lakh crore in provisioning for the agricultural and related industries.

Under the PM Awas Yojana-Urban housing for 1 crore dwellings wil be addressed with an investment of Rs 10 lakh crore


 

Creative redevelopment of cities: Brownfield: Formulate a framework for enabling policies
 

Nirmala Sitharaman, in her budget speech, speaks about the Pradhan Mantri Janjatiya Unnat Gram Abhiyan which will be launched for improving the socio-economic condition of tribal communities.

Budget 2024 to benefit 5 crore tribal people across 63,000 villages

Integrated Tech platform will be set up for improving outcomes under IBC code for transparecny
 

industrial parks: plug and play mode; complete infra near 100 cities, 12 industrial parks

Rental Housing with dormitory type accommodation for industrial workers will be facilitated services Sector: development of DPI scheme at population scale in various fields
 

Rental Housing: Industrial workers will be given in PPP mode with VGF support

Govt announces Rs 2.2 lakh crore push to make housing more affordable

The Finance Minister announced that an integrated tech platform will be set up to improve outcomes under the Insolvency and Bankruptcy Code (IBC). This platform aims to achieve greater consistency, transparency, and better oversight for all stakeholders, including the National Company Law Tribunal (NCLT). The IBC has resolved over 1,000 companies, resulting in a direct recovery of ₹3.3 lakh crore to creditors. Additionally, 28,000 cases involving over ₹10 lakh crore have been disposed of prior to admission.

Formalisation of Jobs in the country gets a boost

Financial support for 50 multi-product of food irradiation units

E-commerce export hubs for MSME and traditional artisans
 

Setting up of NABL-accredited food safety labs will be facilitated

Credit guarantee schemes for MSMEs in manufacturing, FM announces

SIDBI to open more branches to cover MSME clusters. 24 branches to be opened the year

Development of Industrial Corridor (Amritsar-Kolkata) and continued thrust on road connectivity positive for logistics sector

Additionally, about 12 Industrial parks have been sanctioned under National Industrial Corridor Development Programme.
 

Govt to launch scheme for internship opportunities to 1 crore youth in 500 top companies

New assessment model for msme credit suggested. Public banks to develop their own in-house models

Budget provides Rs 2.66 lakh crore for rural development

Incentives for new employment to manufacturing industries would give a significant boost to employment. The benefits and eligibility are significant to cover a large section of new employees,” says Prashant Daftary, Partner, N.A. Shah Associates.
 

special attention to MSMEs and manufacturing- package for financing, regulatory changes and tech
 

More coverage for Tribal families in FY25 budget. Cover 63,000 villages with 5 crore people

Union Budget 2024 Live Updates: The Finance Minister announced that the limit of MUDRA loans will be enhanced to Rs 20 lakh from the current Rs 10 lakh for those who have availed and successfully repaid loans under the TARUN category.

Govt enhances limit of MUDRA loans to Rs 20 lakh

We will formulate plan Purvodaya for all round development of Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh," says the Finance Minister going on to highlight specific intiatives under the Budget for Bihar.

For improving socio-economic conditions of tribal communities, : adopting saturation coverage in tribal areas

Union government to arrange financial assistance to Bihar through aid from multilateral development agencies. The govt ill formulate plan Purvodaya for all round development of Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh. Patna-Purnya expressway, Buxar-Bagalpur expressway, Bodhgaya-Rajgir-Vaishali-Darbanga spurs, and additional two-lane bridge over Ganga at Baksar at Rs 26,000cr. Power projects, including 2400 MW power plant at Pir Payanti to be taken up at Rs 21,400cr.
 

Govt proposes Rs 26,000 crore for various road projects in Bihar

3 crore houses in PMAY2, both rural and urban areas, necessary allocation being made

For promoting women-led development: Allocation of more than Rs 3 lakh crore for schemes benefiitting women and girls

On credit guarantee schemes for MSMEs in manufacturing, FM said, "to facilitate term loans for MSMEs for the purchase of machinery and equipment without collateral and guarantee, a new scheme will be introduced. This guarantee fund will provide guarantees of up to Rs 100 crore."

FM on On credit guarantee schemes for MSMEs in mfg

Modi govt recognises a need for the development of a capital for Andhra Pradesh. Rs 15k will be arranged

Recognising APs need for capital, Rs 50,000 cr will be arranged through multilateral arrangement
 

Andhra gets financing for Pollavaram project

AP Reorganisation Act: recignising the state’s need for capital
 

For the first time in 10 years, Andhra Pradesh seems to have found some attention in the Union Budget. It is among the few Eastern seats that are marked for special focus.

For the first time in 10 years, Andhra Pradesh seems to have found some attention in the Union Budget. It is among the few Eastern seats that are marked for special focus.

India's inflation continues to be low and stable moving towards the 4% target.

‘Good to see jobs, skills and education at the core of Budget speech’

New airports, medical colleges and sports institutions in Bihar will be constructed: FM Sitharaman
 

Rs 26,000 crore allocated to Bihar road projects: FM Sitharaman

India's economic growth continues to be the shining exception, says FM Sitharaman

Budget for FY25 to provide Rs 1.48 lakh cr for education, employment and skill, says FM Sitharaman

Power Projects: 2400 MW power plant Peer Panti: FM Sitharaman
 

Education loans of ₹10 lakh for students those who are not eligible for any government schemes: FM Sitharaman

New industrial centre in Gaya, Bihar. On Amritsar-Kolkata route: FM Sitharaman
 

Bihar makes a swing in Budget-

The Prime Minister stated that the request from the Bihar government for external assistance from multilateral development banks will be expedited.

Ancient centres of cultural importance will be developed into modern centres of economy: FM Sitharaman

Skilling loans to be provided up to 7.5 lakh ₹ and held 25,000 students every year: FM Sitharaman

E-vouchers to be given to 1 lakh students every year for 3 per cent interest subvention on loans

1,000 industrial training institutes will be upgraded. Model Skilling loan scheme will be revised; to help 25,000 students enery year: FM Sitharaman
 

Skilling programme: New centrally sponsored scheme under the PM package for skilling. 20 lakh youth to be skilled over 5 years: FM Sitharaman
 

1,000 industrial training institutes will be upgraded: FM Sitharaman

Incentive to be provided at specified scale for employer and employee: FM Sitharaman

Scheme A: First time: 1 month wage for all persons newly entering the workforce in all sectors: FM Sitharaman

Scheme B: Job creation in manufacturing. 30 lakh youths to be benefitted: FM Sitharaman

scheme C: support to employers it will cover additional employees in all sectors: FM Sitharaman
 

Working women hostels will be set up. Higher participation of women in workforce to be promoted through hostels and creches: FM Sitharaman
 

Sitharaman stated that employment linked incentive will be based on registration with the EPFO. 'One month wage to all workers newly entering the work cycle. Rs 15,000 to new entrants in EPFO for those with salary of up to Rs 1 lakh per month. This will benefit 210 lakh youth,' the Finance Minister said.

Job creation in Manufacturing scheme will incentivise additional employment in manufacturing sector. Schem to befenit 210 lakh youth: FM Sitharaman

Government announces financial support for loans up to Rs 10 lakh for higher education

Direct benefit transfer of one month salary in three instalment: FM Sitharaman

The Finance Minister said that job creation in the manufacturing sector will be incentivized through a scheme linked to the employment of first-time employees. This scheme will provide incentives to both employees and employers concerning EPFO contributions for the first four years of employment. It will benefit 30 lakh youth and cover additional employment in all sectors. The government will reimburse employers up to Rs 3,000 per month for two years towards EPFO contributions for each additional employee. This initiative aims to incentivize the additional employment of 50 lakh people.

Job creation in the manufacturing sector

People of India have reinforced their faith in the government led by Modi and re-elected it for the third term, she said, while presenting the Budget in Lok Sabha," Sitharaman said in her introduction. "India's economic growth continues to shine while the global economy is still in the grip of policy uncertainty."

She added: "The country's inflation continues to be stable and is moving towards 4 per cent, and core inflation stands at 3.1 per cent.

The Finance Minister announced employment-linked skilling through schemes as part of the PM's package. These schemes will be based on enrolment in the EPFO, focusing on recognizing first-time employees. First-timers will receive one month's wage upon entering the workforce in all formal sectors. A direct benefit transfer (DBT) of one month's salary, up to Rs 15,000, will be provided in three instalments. The eligibility limit for this benefit will be a salary of Rs 1 lakh per month, and it is expected to benefit 2.1 lakh youths."

Govt's big push on employment-linked skilling

Budget theme this year on 5 factors — Employment, skilling, MSMEs and middle class, says Sitharaman

Rs 1.52 lakh crore for agriculture in this year's Budget

New 109 high-yielding and climate resilient varieties of 32 field and horticulture crops will be released for cultivation by farmers. In the next 2 years, 1 crore farmers will be initiated into natural farming supported by certification and branding

Nirmala Sitharaman, in her 7th Union Budget speech, highlighted that this year's Budget envisages sustained efforts on nine priorities: productivity & resilience in agri, employment & skilling, inclusive human resource development & social justice, manufacturing & services, urban dev, energy securities, infra, innovation, R&D, next gen reforms

Union Budget 2024 Live Updates: The Finance Minister stated that the government will undertake a comprehensive review of the agricultural research setup to increase productivity and develop climate-resilient varieties. Domain experts will oversee the conduct of this research to ensure its effectiveness and relevance.

The FM said that agricultural research will be transformed to focus on raising productivity and climate resilient varieties

Budget Announcement Today by Nirmala Sitharaman: "Have made an allocation of Rs 1.48 lakh crore for education, employment and skilling," Finance Minister Nirmala Sitharaman tells the Parliament.

Five schemes to focus on 4.1 crore youth over 5 years with a central outlay of ₹2 lakh crore, says FM

Need to focus on the garib, mahilaye, yuva, and annadata, says FM

Productivity and resilience in Agriculture
Employment and skilling
Inclusive HRD and social justice
Mfg & services
Urban development
Energy security
Infra
Innovation, R&D
Next generation reforms

Nine priorities for this year and coming years

focus on poor, women, youth and farmers

Two lakh crore package announced for 5 schemes on jobs and skilling of 4.1 crore youths.

"Will make sustained efforts on 9 budget priorites," Sitharaman says in Parliament.

PM Package of 5 schemes to be announced to facilitate employment and skilling at Rs 2 lakh crore

"As mentioned in the interim Budget, we need to focus on 4 different castes, the poor, women, youth and the farmer/ For farmers, we announced higher Minimum Support Prices for all major crops delivering on the promise for at least a 50% margin over cost. PM Garib Kalyan Anna Yojana was extended for 5 years benefitting more than 80 crore people.

Union Finance Minister Nirmala Sitharaman in her Budget speech highlighted the four main focus points of the first budget under the Modi 3.0 government. It includes: 'Garib' (Poor), 'Yuva' (Youth), 'Annadata' (Farmer) and 'Nari' (Women).

 

Sitharaman stresses on govt's 4 main focus points

We need to focus on the garib, mahilaye, yuva, and annadata, says FM

We need to focus on the garib, mahilaye, yuva, and annadata, says FM

India's economic growth continues to be the shining exception and will remain so in the years ahead

India's economic growth continues to be the shining exception and will remain so in the years ahead

Significant downside risks to growth , says FM

People have reposed their faith in govt led by PM Modi and reelected him for a historic 3rd term under his leadership, said Nirmala Sitharaman.

Nirmala Sitharaman reaches Parliament, meets President Murmu ahead of presentation of Budget

Budget has started

Budget will start soon

No changes in taxation regimes. Interim Budget completed

As part of initiatives to strengthen the Indian economy, the government will focus on a more comprehensive GDP – Governance, Development and Performance

No announcement for taxpayers

 

"I do not propose to make any changes to taxation and proposed to retain same tax rates for direct and indirect tax rates including import duties"
 

Sitharaman announces key revisions to budget estimates

Do not propose to make any changes in taxation, says FM

Gross market borrowing for financial year ending March 2025 will be ₹14.3 lakh crore (less than the borrowing in the current financial year)

GST tax base has doubled, says FM

She mentioned that the estimated tax receipts for the financial year 2024-25 are Rs 26.02 lakh crore

Proactive inflation management has helped keep inflation within the policy band

Tax receipts estimated at Rs 26.02 lakh crore in FY25, says FM

FDI amounted to USD 596 billion

: Economic Management has complemented people-centric inclusive development

Over the last 10 years, tax collections have more than doubled, says FM

Sitharaman says 'our government' to present Full Budget in July

In the full Budget in July, our government will present a detailed roadmap for our pursuit of Viksit Bharat, says FM Sitharaman
 

FDI inflow during FY 14-23 was USD 596 bn, says FM

Government is focused on a more comprehensive GDP

Cabinet approves continuation of Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for export of Apparel/Garments till 31st March 2026

FM Sitharaman is now speaking about government's tax reforms
 

States will be encouraged to take up comprehensive development of iconic tourist centres and marketing them at global stage: FM

I appreciate taxpayers for their continued support, says FM Sitharaman
 

Our middle class aspires to travel and explore, says FM

FY25 fiscal deficit revised down to 5.1% of GDP

For promoting green growth, the new scheme of bio mfg and biofoundry will be launched, announced Nirmala Sitharaman.

Revised estimate of fiscal deficit is 5.8% of GDP, says FM
 

Metro Rail, Namo Bharat to be expanded to more cities

Tourism projects to be taken up at islands, including Lakshawdeep

Tourism projects to be taken up at islands, including Lakshawdeep

Enhancing EV industry

New scheme for biomanufacturing and biofoundry

Outlay increased by 11%, next 5 years will be golden moments’, says Finance Minister

40,000 rail coaches to be upgraded to 'Vande Bharat' standard

Rooftop solarisation initiative - A new opportunity

Port connectivity and more infra focus

The expansion of existing airports will continue, announced Finance Minister. She added that viability gap funding for harnessing offshore wind energy potential for the initial capacity of 1 GW.

Number of airports doubled to 149 in last 10 years

Indian carriers proactively placed orders for over 1,000 new aircraft, says FM

To promote, pvt, public invest in post-harvest activity

First Develop India, says Sitharaman

FM says the government will push for bilateral treaties with foreign partners in the spirit of 'First Develop India'
 

Capex target set at Rs 11.1 lakh crore

Empowering poor, youth, women, farmers is aim

Atmanirbharta for oilseeds

For our tech-savvy youth, this will be a golden era. A corpus of Rs 1 lakh crore will be established with 50-year interest-free loan provided. It will be for long-term financing or re-financing with low or nil interest rates

Sitharaman
 

Vande Bharat bogies to be increased, airports to be doubled

This will encourage the private sector to scale up research and innovation in sunrise sectors

Golden era for tech-savvy youth, 50-yr interest free loans to be rolled out

FM Sitharaman on PM Modi's roof-top solarisation scheme

Port connectivity corridor, energy, mineral and cement corridor and High traffic density corridor, announced Nirmala Sitharaman.

To meet investment needs, our govt will prepare financial sector in terms of size, capacity, skills, regulatory framework," said Sitharaman

3 major railway corridors announced

A corpus of Rs 1 lk cr will be established with 50 yr interest-free loan tech-savvy growth

Recently announced India Middle East Europe Economic Corridor will be game changer for India
 

All these are reflected in the increasing participation of women in the workforce

In STEM courses, girls and women constitute 43% of enrollment, one of the highest in the world

Female enrollment in higher education has gone up by 28% in 10 years

30 crore MUDRA Yojana loans have been given to woman entrepreneurs

FM on Empowerment of Women through Entrepreneurship

Govt to increase defence outlay

Defence outlay to be increased by 11.1% to Rs 11,11,111 crore, which will be 3.4% of GDP
 

Ayushmann Bharat coverage to be extended

A strategy will be formulated to achieve Atmanirbharta for oilseeds like sesame, sunflower, mustard, and others, said Nirmala Sitharaman. She added, "comprehensive program to support dairy farmers will be formulated."

Oilseeds and dairy development

Policy priority to provide training for MSMEs to compete globally, says FM

Jai Jawan, Jai Kisan, Jai Vigyan, Jai Anusandhaan (research) is the motto of the Modi govt, says Sitharaman
 

Ayushman Bharat scheme to be extended to all ASHA and Anganwadi workers

Fund of Funds, Startup India and Startup Credit Guarantee Schemes are assisting our youth

PM Mudra Yojana has sanctioned 43 crore loans amounting to Rs. 22.5 lakh crore for the entrepreneurial aspirations of your youth

FMCG stocks firm in choppy market

Enhancing target for Lakhpati Didi scheme to 3 crore from 2 crore, says FM Sitharaman

Rising participation women in workforce

2 cr more houses in 5 years!

Policy priority to provide training for MSMEs to compete globally, says FM

After the successful adoption of Nano Urea, the application of Nano DAP will be expanded in all agroclimatic zones, announced the Finance Minister.

Women's participation in workforce has increased, says FM

Interim Budget started on positive note, say experts

Policy priority to provide training for MSMEs to compete globally, FM says

Women's participation in workforce has increased, says FM

FM announces 2 crore more houses under PMAY-G

India as a G20 host showed forward way and built consensus for solutions for problems being faced by the world

Plan to set up more medical colleges

Crop insurance is given to 4 crore farmers under PM Fasal Bima Yojana

Every year under PM Kisan Samman Yojana, Direct financial assistance is provided to 11.8 crore farmers, including marginal and small farmers

FM lists schemes for farmers

Govt to launch a scheme to help those living in rented houses, slums or chawls or unauthorised colonies

PM SVANIDHI has provided credit assistance to 78 lakh street vendors, from that total, 2.3 lakh have received credit for the third time

Direct Benefit Transfer of Rs. 34 lakh crore using PM Jan Dhan accounts

"Sky is the limit", says Nirmala Sitharaman on India's economic growth trajectory

Upcoming five years are anticipated to witness unparalleled development, says FM

Corridor connecting India, the Middle East, and Europe poised to be transformative

FM Sitharaman projects a target of building two crore affordable houses in five years

Will encourage vacination in girls of 9-14 years to prevent cervical cancer, says FM

Govt to adopt economic policies that sustain growth, Sitharaman says

Sitharaman reveals strategy for Amrit Kal

Our government will adopt economic policies that foster and sustain growth, said FM Sitharaman. It will be guided by principles of Reform, Perform and Transform.

Expect our govt to be blessed again with resounding mandate,' says Sitharaman

Govt to launch a scheme to help deserving sections of middle class to buy or build their own houses, says FM Sitharaman

Assisted 25 crore people to get freedom from multidimensional poverty

“Female enrolment in higher education up by 28% in 10 years, in STEM courses, girls & women make 43% of enrolment, one of the highest in the world. All these steps are reflected in the increasing participation of women in the workforce

Next 5 years will be of unprecedented development, FM says

No dearth of opportunities, sky is the limit...

One crore households will get up to 300 units of electricity every month with rooftop solarisation, says FM

MSP for produce of annadata periodically increased', says Sitharaman

PM Vishwakarma Yojana provides end-to-end support to artisans and crafts people engaged in 18 trades.

Rupee rises as Sitharaman presents Interim Budget

India-Middle East-Europe corridor a game changer for India and others, says FM

One crore households will get up to 300 units of electricity every month with rooftop solarisation, says FM

India assumed the G20 summit after a very difficult time

The pandemic led to the crisis while India successfully navigated its way.
 

Earning sabka vishwas, the next 5 years will be years of unprecedented development, says FM

All parts of the country are becoming active participants in eco-growth.

A new world order is emerging after the Covid pandemic," the finance minister said.

und of Funds, Startup India and Startup Credit Guarantee Schemes are assisting our youth: FM

New world order post-Covid'

All parts of the country are becoming active participants in eco-growth.

Economic management over past 10 yrs has complimented people-centric development, says Sitharaman

There is transparency and assurance that benefits are received by all eligible people

Loans from the Mudra Yojana have been extended to 34 crore women entrepreneurs,

Building women entrepreneurs

GST regime boosted tax-based growth SAYS FM

Nirmala Sitharaman focuses on 'Viksit Bharat'

MSP for produce of annadata periodically increased', says Sitharaman

Finance Minister says besides gross domestic product, the government is equally focused on a more comprehensive GDP – governance, development and performance.

Working towards making India a Viksit Bharat by 2047

the real income of people has increased by 50% and inflation is moderate.

Economy is doing well, says Sitharaman

Macroeconomic stability, investments are robust, says FM Sitharaman

GST has enabled one nation, one market, one tax, says FM

Making triple talaq illegal, reservation for women in LS and State assemblies, houses under Awas yojana to women in rural areas have enhanced their dignity: FM

the Finance Minister highlighted the extensive efforts of the Modi government in promoting inclusivity across all aspects.

The Skill India Mission has trained 1.4 crore youth, upskilled and re-skilled 54 lakh youth, and established 3000 new ITIs. A large number of institutional higher learning, namely 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS and 390 Universities have been set up

Development programmes have targeted each and every household and individual through housing for all, Har Ghar Jal, electricity for all, cooking gas for all and bank accounts and financial services for all in record time. Worries about food were eliminated through free rations for 80 crore people.

Our young country has high aspirations, pride in present and hope and confidence in its bright future,

verage income of people increased by 50%, says FM

DBTs of Rs 34lk cr from govt using PM Jan Dhan accounts have led to savings of Rs 2.7 lk cr

34 cr Mudra Yojana loans been given to women entrepreneurs

The Finance Minister says that the needs and aspirations of Garib, Mahilayen, Yuva and Annadata are the government’s highest priorities

Prosperity depends on youth, Skill India Mission has trained 1.4 crore youth, says FM Sitharaman

Brought secularism into action, reduced poverty, says FM Sitharaman ,In 10 years, the govt has helped 25 crore people to get freedom from multidimensional poverty.

Poor, women, youth and farmers are four castes for our government

Sitharaman

Sitharaman highlights financial assistance to farmers

Brought secularism into action, reduced poverty, says FM Sitharaman

Centre's measures for farmers

Minimum support prices for 'Annadata' (farmers) increased periodically, appropriately: FM Sitharaman
 

Govt under PM Modi is secularism in action, says FM

he government has tried to provide inclusive development and growth, both social and geographically, she said in the opening minutes of her sixth budget speech as the country’s finance minister.

Govt under PM Modi is secularism in action, says FM

Crop insurance has been given to 4 crore farmers under the PM Fasal Bima Yojana, says FM Sitharaman

We need to focus on four major pillars -- poor, women, youth and annadatas, says FM

We focus on outcomes and not on outlays so that the social economic transformation is achieved
 

DBT of Rs 34 lakh crore has led to savings of Rs 2.7 lakh crore for government, says Sitharaman

Sitharaman on benefits of Direct Benefit Transfer scheme
 

We need to focus on four major casts- Garib, Mahilayein, Yuva and Annadata

Garib Kalyan is desh ka kalyan, says FM Sitharaman

We need to focus on four major groups -- Poor, farmers, youth and women

We are working to make India a Vikashit Bharat by 2047, says FM

Social justice previously was just a slogan, but for us it is a necessary governance model, says Sitharaman

Country overcame challenges of once-in-a-century Pandemic, says Sitharaman

FM highlights development of four major casts

Ensuring food security, concerns have been alleviated with the provision of free rations for 80 crore people.

Spotlight on importance of youth

Sitharaman to etch her name in history

We are working to make India a Vikashit Bharat by 2047, says FM

Country overcame challenges of once-in-a-century Pandemic, says Sitharaman

Our young country has high aspirations, says FM Sitharaman

Our young country has high aspirations, pride in its present and hope and confidence for a bright future. We expect that our govt based on its stupendous work will be blessed again by the people with a resounding mandate says FM

Road ministry seeks higher allocations to keep NHAI debt under check says FM

Modi government focuses on all round, all pervasive, all inclusive development'

Sitharaman says Centre is working towards turning India into a developed nation by 2024
 

Sitharaman hopeful for 2024 victory

FM Sitharaman on how the country has evolved in the last 10 years under PM Modi with "Sabka Sath, Sabka Vikas" Mantra

Indian Railways expected to retain focus on modernisation and capex

There is hope that the Narendra Modi government will successfully achieve its fiscal deficit target

Indian economy has witnessed profound transformation in the last 10 years, says Nirmala Sitharaman

There is hope that the Narendra Modi government will successfully achieve its fiscal deficit target

6th budget by finance minister

FM starts presenting the Budget

Fiscal prudence in focus

Tighten that purse for a looser monetary policy The Reserve Bank of India Governor Shaktikanta Das has put his faith in the interim budget and believes it won’t have inflationary measures

Union Cabinet headed by PM Modi approves pre-election Budget, FM's speech shortly

Union Cabinet headed by PM Modi approves pre-election Budget, FM's speech shortly

Nirmala Sitharaman meets President Droupadi Murmu ahead of Budget speech

Nirmala Sitharaman arrives at the Parliament

Cabinet approves Budget 2024