The Best Of Interim Budget 2024 News
‘Private investments are flowing into sunrise sectors’
As India races to become the world’s third-largest economy, rural areas are attracting more labourers, and new age sectors rather than conventional ones are luring in more private investments, finance minister Nirmala Sitharaman said pointing to some of the transformations the economy is undergoing
19 min read5 Feb 2024Budget in 5 minutes
In almost every budget, the finance minister of the day likes to offer a few sops to people who pay income tax. But Sitharaman did not tick this parameter in the latest budget
5 min read2 Feb 2024The Union budget shows remarkable fiscal restraint
Its rein-back of the fiscal deficit in a poll year is commendable but we must focus more on human capital.
4 min read1 Feb 2024How FM struck a fiscal chord: Story of Budget in nine charts
The government’s aim for a fiscal deficit of 5.1% of GDP in 2024-25 is around 70 basis points lower than the updated estimate for the current year. This puts the goal to reach the 4.5% mark by 2025-26 within striking reach.
5 min read1 Feb 2024Intent vs Delivery: What this govt promised, what it delivered
Here’s a look into what the BJP-led Union government projected on key budget metrics the previous 10 years, and what it delivered
6 min read1 Feb 2024Govt keeps fiscal gunpowder dry
This year’s interim budget could not have been more different from the 2019-20 interim budget of the previous BJP government, both in terms of the political and economic environment.
3 min read1 Feb 2024Sitharaman delivers a low-decibel, pitch-perfect interim budget
The interim budget was shorn of big-ticket pre-election sweeteners of the kind announced in 2019, with the BJP viewing itself as comfortably placed for the upcoming national election
6 min read1 Feb 2024Budget 2024: FM announces ₹1 trillion easy funding for sunrise sectors
Budget 2024: While speaking in her Budget 2024 speech, the finance minister said that the funding will be available to the sunrise sector with 50 year interest-free loan
1 min read1 Feb 2024₹11 trillion to power India’s capex journey
Increased capital expenditure fuels growth in key sectors and fosters Vision 2047 goal as India aims for $5 trillion economy
3 min read2 Feb 2024FM gives a boost to homebuyers on a budget
The government will launch a housing scheme for people living in rented accommodation, slums or unauthorized colonies. The announcement is in line with the government’s ‘Housing for All’ mission
2 min read1 Feb 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared