{"id":14249,"date":"2024-02-01T15:25:13","date_gmt":"2024-02-01T09:55:13","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=14249"},"modified":"2024-02-01T15:25:15","modified_gmt":"2024-02-01T09:55:15","slug":"union-budget-2024-25","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/union-budget-2024-25\/","title":{"rendered":"Decade of Progress: Key Highlights from India&#8217;s Union Budget 2024-25"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/union-budget-2024-25\/#Key_Highlights_from_Indias_Union_Budget_2024-25\" >Key Highlights from India&#8217;s Union Budget 2024-25<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/union-budget-2024-25\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Highlights_from_Indias_Union_Budget_2024-25\"><\/span>Key Highlights from India&#8217;s Union Budget 2024-25<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\" id=\"Union-Budget-2024-25\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/01\/Nirmala-Sitharaman-Union-Budgets-2.jpg\" alt=\"Union Budget 2024-25\" class=\"wp-image-14056\" width=\"835\" height=\"626\" title=\"Union Budget 2024-25\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/01\/Nirmala-Sitharaman-Union-Budgets-2.jpg 600w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/01\/Nirmala-Sitharaman-Union-Budgets-2-300x225.jpg 300w\" sizes=\"(max-width: 835px) 100vw, 835px\" \/><figcaption class=\"wp-element-caption\">Nirmala Sitharaman Union Budgets<\/figcaption><\/figure>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Economic Transformation Underlines the Decade:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Union Finance Minister Nirmala Sitharaman highlighted the remarkable positive transformation witnessed by the Indian economy over the last ten years.<\/li>\n\n\n\n<li>Emphasized the resilience of the economy, driven by structural reforms, pro-people programs, and increased employment opportunities.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Budget Overview and Fiscal Discipline:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Presented the budget ahead of Parliamentary elections, marking an interim budget.<\/li>\n\n\n\n<li>Requested Parliament&#8217;s nod for a grant in advance to cover the expenditure for the first four months of the new fiscal year before the Lok Sabha polls.<\/li>\n\n\n\n<li>Projected a fiscal deficit of 5.1% of GDP for 2024-25, adhering to the path of fiscal consolidation.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Empowering Women Entrepreneurs:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Noted the disbursement of 30 crore MUDRA Yojana loans to women entrepreneurs, showcasing the government&#8217;s commitment to empowering women in business.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Education and Skill Development:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Celebrated a 28% increase in female enrollment in higher education over the past decade.<\/li>\n\n\n\n<li>Highlighted that girls and women constitute 43% of enrollment in STEM courses.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Affordable Housing for the Middle Class:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Announced a new scheme to assist deserving sections of the middle class living in rented houses, slums, chawls, or unauthorized colonies to buy or build their own houses.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Healthcare Strengthening:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Plans to set up more medical colleges, utilizing existing hospital infrastructure, with a committee to examine related issues and make recommendations.<\/li>\n\n\n\n<li>Extended Ayushman Bharat cover to all Anganwadi and Asha workers, broadening healthcare coverage.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Infrastructure Boost:<\/strong>\n<ul class=\"wp-block-list\">\n<li>No changes to income tax slabs, and direct and indirect tax rates remained unchanged.<\/li>\n\n\n\n<li>Announced an expansion of the electric vehicle (EV) ecosystem, supporting charging infrastructure, and encouraging e-buses for public transport.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Agricultural and Rural Focus:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Extended crop insurance to 4 crore farmers under the PM Fasal Bima Yojana.<\/li>\n\n\n\n<li>Comprehensive program for supporting dairy farmers, recognizing India as the world&#8217;s largest milk producer.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Population Growth and Demographic Changes:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Formed a high-powered committee to address challenges arising from fast population growth and demographic changes, providing comprehensive recommendations.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Tourism and Connectivity Boost:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Projects for port connectivity, tourism infrastructure, and amenities announced for islands, including Lakshadweep, to stimulate domestic tourism.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Tech-Savvy Youth Empowerment:<\/strong>\n<ul class=\"wp-block-list\">\n<li>A promising era for tech-savvy youth with the introduction of 50-year interest-free loans.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Infrastructure Allocations:<\/strong>\n<ul class=\"wp-block-list\">\n<li>The outlay for infrastructure increased to Rs 11.11 lakh crores in FY25.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">In conclusion, the Union Budget for 2024-25 stands as a testament to a decade of progress, focusing on key sectors, inclusive development, and economic resilience, positioning India for a prosperous future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex 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href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights from India&#8217;s Union Budget 2024-25 In conclusion, the Union Budget for 2024-25 stands as a testament to a decade of progress, focusing on key sectors, inclusive development, and economic resilience, positioning India for a prosperous future. Some Important Current Affairs Links<\/p>\n","protected":false},"author":1,"featured_media":14251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,10,174],"tags":[1442,8967,8962,8965,3264,8966,8963,8964,8968,8860,1498],"class_list":["post-14249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy_finance","category-national","category-news-and-notifications","tag-affordable-housing","tag-agricultural-focus","tag-economic-transformation","tag-education-and-skill-development","tag-fiscal-discipline","tag-healthcare-strengthening","tag-infrastructure-boost","tag-population-dynamics","tag-tech-savvy-empowerment","tag-union-budget-2024","tag-women-entrepreneurship"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/14249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=14249"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/14249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/14251"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=14249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=14249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=14249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}