Key highlights from Finance Minister Nirmala Sitharaman’s Interim Budget 2024-25 speech include adopting aggressive fiscal deficit target of 5.1% for FY25, research boost for edible oil seeds self-sufficiency, middle-class housing scheme, more medical colleges utilizing existing infrastructure, expanding Ayushman Bharat healthcare to Anganwadi staff, additional efforts on raising farmer incomes and promoting private investments across post-harvest agri value chains through food processing industry.
Here are the major highlights of Budget 2024 in 13 tweets:
#Budget2024Live: FM says the real income of people has increased by 50%.
— Trak.in (@trakin) February 1, 2024
Follow latest #Budget updates right here, with #Trakin
#Budget2024: 1 crore households will get 300 free units of electricity with rooftop solarisation
— Trak.in (@trakin) February 1, 2024
#Budget2024: Finance Minister Nirmala Sitharaman said that Goods Service Tax (GST has" enabled 'one nation one market one tax'. "Tax reforms have led to deepening, widening of tax base,
— Trak.in (@trakin) February 1, 2024
#Budget2024: Government has helped 25 crore people to get freedom from poverty in last 10 years
— Trak.in (@trakin) February 1, 2024
#Budget2024: Government has helped 25 crore people to get freedom from poverty in last 10 years
— Trak.in (@trakin) February 1, 2024
#Budget2024: Skill India Mission has trained 1.4 crore youth, upskilled and reskilled 54 lakh youth and established 3,000 new ITIs.
— Trak.in (@trakin) February 1, 2024
A large no. of institutions of higher learning namely 7 IITs, 16 IITs, 7 IIMs, 15 AIIMSs and 390 universities have been set up.
#Budget2024: PM Mudra Yojana has sanctioned 43 crore loans amounting to Rs. 22.5 lakh crore for Indian entrepreneurs and founders
— Trak.in (@trakin) February 1, 2024
#Budget2024: Deserving sections of middle class will be provided help and assistance for buying/constructing new house
— Trak.in (@trakin) February 1, 2024
#Budget2024: 40,000 normal Indian railway coaches will be transformed into #VandeBharat standards
— Trak.in (@trakin) February 1, 2024
#Budget2024 #WomenEmpowerment
— Trak.in (@trakin) February 1, 2024
30 crore MUDRA Yojana loans have been given to woman entrepreneurs
Female enrollment in higher education has gone up by 28% in 10 years
In STEM courses, girls and women constitute 43% of enrollment, one of the highest in the world
#Budget2024 #TechPush
— Trak.in (@trakin) February 1, 2024
A corpus of Rs 1 lakh crore will be established with 50-year interest free loan to provide long term financing with long tenure with no or less interest rates.
#Budget2024: FY24 fiscal deficit seen at 5.8% of GDP
— Trak.in (@trakin) February 1, 2024
FY24 total expenditure revised to ₹ 44.90 lakh crore
FY 24 total receipts other than borrowings is ₹ 27.56 lakh crore
FY24 tax receipts are ₹ 23.24 lakh crore
FY25 fiscal deficit seen at 5.1%
#Budget2024: No change in taxes: Direct or indirect
— Trak.in (@trakin) February 1, 2024
#Budget2024: Tax benefits for startups, investments made by sovereign wealth, pension funds to be extended to March 2025
— Trak.in (@trakin) February 1, 2024
