Union Budget 2024:Detailed Information

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While this is an interim budget,  it provides insights into the government's vision for the upcoming fiscal year, here are some things to know more about it.

1

Developed India 2047

This budget lays the groundwork for India's development goals by 2047. It emphasizes substantial investments in all forms of infrastructure.

2

Digital Public Infrastructure

A key initiative to build an open and interoperable digital infrastructure platform.

3

Tax Base Expansion

The government plans to broaden and strengthen the tax base, likely through improvements in the Goods and Services Tax (GST) system.

4

Financial Sector Reforms

The financial sector is expected to boost savings, credit availability, and overall investment.

5

Global Financial Hub

The government might establish a robust gateway for global capital and financial services, possibly through the GIFT City.

6

Inflation Management

Proactive strategies to control inflation are likely a priority, intending to ensure price stability and economic growth.

7

Support for Key Schemes

The budget is expected to allocate funds for crucial programs like MGNREGS (rural employment), Ayushman Bharat (healthcare) etc.