Budget 2024-25: Nirmala Sitharaman presents Interim Union Budget

Key Highlights of the Budget 2024-25

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 with a total expenditure of Rs. 5.45 lakh crore. The budget focused on infrastructure development, social welfare, and rural development.

Key Announcements in the Budget

Some of the key announcements made in the budget include:

• Implementation of 3 major railway corridor programmes under PM Gati Shakti-to improve logistics efficiency and reduce cost.
• Allocation of Rs. 2.5 lakh crore for the development of rural infrastructure.
• Launch of a new scheme to provide affordable housing for the urban poor.
• Increase in the minimum wages for unskilled workers.
• Announcement of a new tax regime for individuals.

The budget was welcomed by many as it focused on addressing the needs of the common man. However, some critics argue that the budget did not go far enough in addressing the issue of unemployment.