Mar 28, 2024
Boost for Affordable Housing Loan - In an election year, all eyes are on the government for potential gifts. With an interim budget passed,
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Boost for Affordable Housing Loan - In an election year, all eyes are on the government for potential gifts. With an interim budget passed,
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Finance Minister Nirmala Sitharaman unveils 'Amrit Kaal' strategy in Interim Budget 2024-25
Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-25 in Parliament, unveiling the 'Amrit Kaal' strategy. She emphasised the government's commitment to ensuring timely and adequate finances, relevant technologies, and appropriate training for Micro, Small, and Medium Enterprises (MSMEs) to grow and compete globally. Sitharaman highlighted the importance of orienting the regulatory environment to facilitate MSME growth. In line with the 'Panchamrit' goals, the government aims to facilitate high and more resource-efficient economic growth, working towards energy security in terms of availability, accessibility, and affordability. Sitharaman emphasised that guided by the principle 'Reform, Perform, and Transform,' the government will take up next-generation reforms and build consensus with states and stakeholders for effective implementation. The government will adopt economic policies that foster and sustain growth, said Sitharaman adding that the policies will facilitate sustainable and inclusive development, besides improving productivity, creating opportunities for all, helping in enhancing their capabilities, and contributing to the generation of resources to power investments and fulfill aspirations. The Minister further noted that to meet the investment needs, the government will prepare the financial sector in terms of size, capacity, skills, and regulatory framework. Read the full article
#InterimBudget2024 : Finance Minister Nirmala Sitharaman’s Speech Highlights ; Confident Of Return To Power; Tax Rates Remain Unchanged; Developed India By 2047 Target
Ahead of the Lok Sabha elections Union Finance Minister Nirmala Sitharaman presented the Interim Budget of 2024 and during her long speech she listed out several measures of the government and what it proposes to do ahead.
Here are the highlights of Finance Minister’s speech :
– The Indian economy has witnessed profound transformation in last 10 years. In 2014, the country was facing enormous challenges, the government overcame those challenges and undertook structural reforms, pro people reforms were undertaken, conditions for jobs and entrepreneurship were set in, fruits of development started reaching people at scale, country got a sense of new purpose and hope, she says.
Based on our stupendous work, we expect our government will be blessed again by the people with a resounding mandate.
– In second term, the government strengthened its mantra and our development philosophy covered all elements of inclusivity, namely social and geographical, Finance Minister Sitharaman tells Parliament.
With a whole of nation approach, the country overcame challenges of the COVID-19 pandemic, took long strides towards Aatma Nirbhar Bharat and laid solid foundations for Amrit Kaal, she says.
Union Budget 2024-2025: Why did Finance Minister Sitharaman talk about bringing a white container on
Union Budget 2024: While presenting the Interim Budget 2024, Finance Minister Sitharaman has said another big thing today. He has announced to bring a white paper on economic condition by 2014. He has said that the government will present a white paper on the economy on the table of the House regarding the situation till 2014.