Building India's Future: Key Highlights of the 2024-25 Union Budget
In Short:
- Nirmala Sitharaman presents her seventh consecutive Union Budget.
- Sitharaman meets President Droupadi Murmu before the presentation.
- Budget focuses on strengthening India's growth and vision for 2047.
In a significant moment for India, Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25 in Parliament. Before the formal presentation, Sitharaman met with President Droupadi Murmu at Rashtrapati Bhavan, underscoring the importance of the occasion.
Leaving the North Block offices of the Finance Ministry with the Union Budget 2024-25 in a digital format, Sitharaman marked her seventh consecutive budget presentation, surpassing the previous record held by Morarji Desai. This budget is a crucial step towards India's growth trajectory and aligns with the government’s vision of transforming the nation into a 'Viksit Bharat' by 2047.
Main Goals of the 2024-25 Budget:
- Economic Growth: Measures to boost various sectors, enhance job creation, and support small and medium enterprises (SMEs).
- Digital India: Continued investment in digital infrastructure and initiatives to further integrate technology into governance and daily life.
- Sustainability: Emphasis on green energy projects and sustainable development practices to tackle climate change.
- Health and Education: Increased funding for healthcare and educational reforms to build a healthier and more educated population.
- Infrastructure Development: Significant allocation for building and upgrading infrastructure, including transportation, housing, and urban development.
Key Reactions:
- Business Leaders: Applaud the focus on economic growth and infrastructure development.
- Environmentalists: Welcome the green energy initiatives but call for more comprehensive climate action.
- Common Citizens: Hopeful for the promised job creation and better public services.
Nirmala Sitharaman's budget aims to create a robust foundation for India's future, setting the path towards becoming a developed nation by 2047. This historic budget presentation is not only a milestone in her career but also a crucial moment for the country's economic and social trajectory.