Budget 2024: Nirmala Sitharaman will present the 15th interim budget of the country after independence, everyone’s eyes will be on these 10 points.
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budget 2024: Finance Minister Nirmala Sitharaman (Nirmala Sitharaman) The budget is to be presented on February 1. This budget will be the last budget of the second term of the Narendra Modi government in Parliament. Officials involved in budget preparation are now in a ‘lock-in’ period to maintain secrecy around the final budget document. He will come forward only after appearing in the Lok Sabha on February 1. This budget of the government will be ‘interim’ because the government will have to face general elections in April-May this year. After this, the full budget will be presented by the elected government. At an event last month, the Finance Minister had denied any ‘major announcement’ in the interim budget. He said that this would only be a vote on account before the general elections. After passing in the Parliament, the Vote on Account will allow the government to withdraw funds from the Consolidated Fund of the country to meet the expenditure for the April-July period. Even after this, common and special people have a lot of expectations from this budget. In such a situation, people’s attention will be on these points.
BJP’s slogan ‘Modi’s guarantee’
In the budget, people’s attention will be on BJP’s new slogan ‘Modi’s Guarantee’. This means that people are hopeful that the government can make big announcements regarding public welfare schemes. There are expectations from health to agriculture and trade.
Will there be any announcement on ‘Gyan’
Poor, youth, Annadata and women (GYAN) are being kept in constant focus by Prime Minister Narendra Modi. These are talked about in every speech of the PM. In such a situation, people are hopeful that before the elections, some gift can be given by BJP to the largest section of the country.
religious tourism
After the consecration of the grand Ram temple in Ayodhya, lakhs of Ram devotees are reaching there every day. The economy of the state has benefited greatly from this. In such a situation, the Central Government can make some big announcement regarding Ayodhya and religious tourism.
NDA’s Mission South
Lok Sabha elections are to be held in India between April and May. NDA’s hold in Hindi speaking states is much better than in the South. In such a situation, it is understood that the Central Government may make a big announcement to pacify South India before the elections.
Government will keep an eye on railways and infrastructure
According to Axis Securities, power, utilities and renewables are expected to find further support on February 1. Special attention will be given to companies in the railways, infrastructure and capital goods sectors and FMCG and auto are expected to benefit from the increase in rural spending.
The blueprint for the third term will be ready
After the presentation of the interim budget by the Central Government, it is expected that the NDA government will come back to power in the country. In such a situation, this budget will help in preparing the main budget and the blueprint for the next term of the government.
Focus on economy and jobs
Due to the policies of the government, the Indian economy is moving forward in a positive direction. The country is moving towards becoming the third largest economy in the world. However, in the meantime, creating employment for the country’s largest section, the youth, will be a big challenge for the government. It will be expected from the Finance Minister that she will present some plan regarding new jobs.
NPS vs OPS
In many states of the country, the New Pension Scheme has been rejected and the Old Pension Scheme has been implemented. After this, a debate has erupted regarding this. However, the Reserve Bank has warned about the serious magnitude of the impact of old pension on the state treasury. But now this has become an election issue.
women and farmers
There is also a possibility of increase in the amount received under PM-Kisan Samman Nidhi in the Union Budget. According to sources, the amount received by farmers can be increased by about 33 percent. Along with this, the tax exemption given to women can also be increased.
rural economy
Rural economy constitutes a major part of domestic demand in the country. If this part is strengthened then the economy will get a lot of strength in the coming years. In view of this, the Central Government can increase the amount of funds under the Rural Employment Guarantee Scheme-MNREGA, along with this, the amount of grant given in rural areas can also be increased.
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