Interim Budget Highlights

Union Budget 2024-25

Interim Budget Highlights

Capital Expenditure

The capital expenditure outlay for 2024 has been increased by 111%, providing a significant boost to infrastructure development and economic growth.

The Union Finance Minister, Nirmala Sitharaman, presented the Interim Budget for 2024-25 on February 1, 2024. She highlighted four main focus points of the budget: infrastructure development, agriculture, rural development, and education.

The budget also introduced several new schemes aimed at boosting economic growth and improving the lives of citizens. These include the National Infrastructure Pipeline, which will invest $1.4 trillion in infrastructure projects over the next five years, and the Urban Infrastructure Development Fund, which will provide low-cost loans for urban infrastructure projects.

Conclusion

The Interim Budget 2024-25 is a forward-looking and ambitious budget that sets out a clear roadmap for India's economic growth in the coming years. Its focus on infrastructure development, agriculture, rural development, and education will help to create jobs, boost economic growth, and improve the lives of all Indians.