In an unprecedented move, Union Finance Minister Nirmala Sitharaman is gearing up to present the Union Budget for the sixth consecutive year on February 1, coinciding with the Lok Sabha elections. Termed the 'interim Budget' for the fiscal year 2024-25, its validity will persist until the announcement of Lok Sabha election results and the subsequent formation of a new government.
Budget 2024: A Peek into the Future
The nation is eagerly anticipating the unveiling of Budget 2024, with Prime Minister Modi hinting at a focus on inclusive development aligned with the vision for Amrit Kaal. Speculations abound that pivotal sectors like farmers, women, youth, and the economically disadvantaged will be at the forefront of this budget.
Inclusive Development Takes Center Stage
PM Modi's unwavering commitment to inclusive development is evident, particularly in emphasizing schemes like Ujjwala, Jal Jivan Mission, PM Kisan, and Swatchh Bharat. These initiatives are integral to achieving the overarching goal of 'Sabka Saath Sabka Prayas.'
Guiding Priorities for Amrit Kaal
Building upon the foundation of the previous budget, Budget 2024 aligns with the seven priorities outlined in the vision for Amrit Kaal. These priorities encompass inclusive development, reaching the last mile, infrastructure and investment, unleashing the nation's potential, green growth, youth power, and financial sector reforms.
Empowering the Nation's Youth
The upcoming budget prominently features the sixth priority—youth power. The government aims to harness the potential of the nation's youth through investments in education, skill development, job creation, and entrepreneurship. Initiatives such as the National Education Policy and supportive economic policies are anticipated to empower the youth, creating numerous opportunities.
A Focus on Women's Empowerment
Discussions around a groundbreaking women-centric scheme in the interim budget have gained momentum. Union Finance Minister Nirmala Sitharaman is expected to unveil welfare schemes targeting economically disadvantaged women. Considerations include eligibility criteria, annual income, and the size of allocated funds.
Budget 2024 Unveils Vision for Inclusive Growth
As the nation eagerly awaits the revelation of Budget 2024, the stage is set for a transformative fiscal plan. With a renewed emphasis on inclusive development, youth empowerment, and women's welfare, the budget aims to pave the way for a more prosperous and equitable future. Stay tuned for comprehensive coverage and analysis as the budget unfolds on February 1, 2024.
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