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Continuing on the fiscally prudent path, the Modi government in the interim Budget refrained from announcing populist measures, which will help it trim the fiscal deficit to 5.1 per cent of the GDP next fiscal and 4.5 per cent in FY26.
Read the full text of the finance minister's Union Budget speech below:
The Finance Minister presented the Interim Budget 2024 in a speech that lasted for 48 minutes. The budget focuses on four main areas: women, poor, farmers, and youth. The government aims to empower the poor and has implemented various programs to achieve this. Direct Benefit Transfer has resulted in significant savings for the government, which has been used for the welfare of the poor. The budget also highlights initiatives for women empowerment, youth development, agriculture, infrastructure, and taxation reforms.
Budget News: Finance minister Nirmala Sitharaman promised economic reforms to drive growth in a speech on the government's budget on Thursday, the last before a na.
Housing, Health, Agriculture, Green Energy, Taxes and more -- Here's your handy notes on Interim Budget 2024 for quick exam revision.