Union Budget 2024 Live | FM Nirmala Sitharaman’s
government led by honourable
Prime Minister Sri Narendra Modi and re-elected it for a historic third term
under his leadership.
We are grateful for their
support, faith and trust in our policies.
We are determined to ensure that
all Indians, regardless of religion, caste, gender and age, make substantial
progress in realizing their life goals and aspirations.
Global context the global
economy, while performing better than expected, is still in the grip of policy
uncertainties.
Elevated asset prices, political
uncertainties and shipping disruptions continue to pose significant downside
risks for growth and upside risks to inflation.
In this context, India's
economic growth continues to be the shining excess and will remain so in the
years ahead.
India's inflation continues to
be low, stable and moving towards the 4% target.
Co inflation that is non food
and non fuel currently is 3.1%.
Steps are being taken to ensure
supplies of perishable goods reach markets adequately.
Interim budget as mentioned in
the interim budget, we need to focus on four major castes namely the Gharib,
Mahiraye, Yuwa and Anadata, the poor, women, youth and the farmer.
For Anadatta, we announced
higher minimum support price a month ago for all major crops, delivering on the
promise of at least a 50% margin over costs.
Pradhan Mantri, Gareeb, Kalyan,
Anna Yojana was extended for five years, benefitting more than 80 crore people.
Administrative actions for
approval and implementation of various schemes announced in the interim budget
are well underway.
The required allocations have
been made.
Budget theme turning attention
to the full year and beyond, in this budget, we particularly focus on
employment, skilling, msmes and the middle class.
youth over a five year period
with a central outlay of two lakh crore rupees.
I am happy to announce the prime
minister's package of five schemes and initiatives to facilitate employment,
skilling and other opportunities for 4.1 crore
I will speak about them shortly.
While more details may be seen
in the annexation this year, I have made a provision of 1.48 lakh rupees 1.48
lakh crore rupees for education, employment and
Budget priorities the people
have given a unique opportunity to our government to take the country on the
path of strong development and an all round
In the interim budget, we
promise to present a detailed roadmap for our pursuit of Vikasit Bharat in line
with the strategy set out in the interim budget.
development six, energy
security.
agriculture two, employment and
skilling three, inclusive human resource development and social justice four,
manufacturing and services five, urban
This budget envisages sustained
efforts on the following nine priorities for generating ample opportunities for
all number one, productivity and resilience in
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