Union Budget 2024-25 Live Updates – FM, Nirmala Sitharaman
Budget 2024-25 Live Highlights: FM Nirmala Sitharaman is presenting the first Union Budget of the Modi 3.0 government.
- For Youths; Five major schemes to focus on 4.1 crore youth over 5 years with a central outlay of ₹2 lakh crore
- Agricultural research to focus on raising productivity and climate resilient varieties
- Budget Priorities Employment, Urban Development, Infra, Education and Skill Development, Social Justice
- Overall Nine priorities of Union Budget 2024-25 as per Nirmala Sitharaman are:
- Productivity and resilience in Agriculture
- Employment and skilling
- Inclusive HRD and social justice
- Mfg & services
- Urban development
- Energy security
- Infra
- Innovation, R&D
- Next generation reforms
- Prime Minister’s Package for employment and skilling: 3 schemes announced for ‘Employment Linked Incentive’
- Scheme A: First Timers
- Scheme B: Job Creation in manufacturing
- Scheme C: Support to employers
Prime Minister’s Package for employment and skilling: 3 schemes announced for ‘Employment Linked Incentive’
🔆Scheme A: First Timers
🔆Scheme B: Job Creation in manufacturing
🔆Scheme C: Support to employers pic.twitter.com/NYDLNjEaea— Ministry of Finance (@FinMinIndia) July 23, 2024
- FM, announces financial support for loans up to ₹10 lakh for higher education.
प्रधानमंत्री का पैकेज: ‘रोजगार से जुड़े प्रोत्साहन’ के तहत तीन योजनाएँ घोषित
🔆योजना ए: पहली बार आने वाले
🔆योजना बी: विनिर्माण क्षेत्र में रोजगार सृजन
🔆योजना सी: नियोक्ताओं को सहायता#Budget2024 #BudgetForViksitBharat pic.twitter.com/fKXCI2Sg63— Ministry of Finance (@FinMinIndia) July 23, 2024
Union Budget 2024-25 proposes revision of Model Skill Loan Scheme to help 25,000 students every year.
E-vouchers for loans upto Rs. 10 lakh for higher education in domestic institutions to be given directly to 1 lakh students every year for annual interest subvention of 3% of… pic.twitter.com/zOFU7EU9e5
— Ministry of Finance (@FinMinIndia) July 23, 2024
Union Budget 2024-25 proposes revision of Model Skill Loan Scheme to help 25,000 students every year.
E-vouchers for loans upto Rs. 10 lakh for higher education in domestic institutions to be given directly to 1 lakh students every year for annual interest subvention of 3% of… pic.twitter.com/zOFU7EU9e5
— Ministry of Finance (@FinMinIndia) July 23, 2024
Union Budget 2024-25 proposes:
1⃣ Rs 3 lakh crore for schemes benefitting women and girls
2⃣ More than 100 branches of India Post Payment Bank to be set up in the North East region
3⃣ Completion of Polavaram Irrigation Project to ensure food security of the nation#Budget2024… pic.twitter.com/X9lzP2FdXG— Ministry of Finance (@FinMinIndia) July 23, 2024
Union Budget 2024-25 provides special attention to #MSMEs and #manufacturing, particularly labour-intensive manufacturing.
👉New mechanism announced for facilitating continuation of bank credit to #MSMEs during their stress period
👉Limit of #Mudra loans increased from ₹10 lakh… pic.twitter.com/wPbMvnwBhz— Ministry of Finance (@FinMinIndia) July 23, 2024
Union Budget 2024-25 proposes:
- 14 large cities with a population above 30 lakh will have Transit Oriented Development plans
- 1 crore urban poor and middle-class families to be covered under #PMAwasYojana Urban 2.0
- 100 weekly ‘haats’ or street food hubs in select cities
Union Budget 2024-25 proposes:
- More than 1.28 crore registrations and 14 lakh applications received under PM Surya Ghar Muft Bijli Yojana
- Pumped Storage Policy to be brought out for electricity storage and smooth integration of #RenewableEnergy in the overall energy mix
- Joint venture between NTPC & BHEL to set up a full scale 800 MW commercial thermal plant using AUSC technology
Union Budget 2024-25 proposes:
- Government’s endeavour to maintain strong fiscal support for infrastructure over the next 5 years
- Capital expenditure to be Rs. 11,11,111 crore @ 3.4% of India’s #GDP
- Provision of Rs. 1.5 lakh crore for long-term interest-free loans to support #Infrastructure #Investment by the State Governments
Union Budget 2024-25 proposes:
- Vishnupad Temple Corridor & Mahabodhi Temple corridor to be transformed into world class pilgrim & #tourist destinations
- Rajgir to be comprehensively developed
- Nalanda to be developed as a tourist centre; Nalanda University to be revived to its glorious stature
Union Budget 2024-25 proposes:
- Anusandhan National Research Fund to be set up for basic #research and prototype development
- Financing pool of Rs. 1 lakh crore to spur private sector-driven research and innovation at commercial scale
Union Budget 2024-25 proposes:
- e-shram portal to be integrated with other portals to provide one-stop labour services solution; will include mechanism to connect job-seekers with potential employers and skill providers.
