By : Sachin Gupta
On February 1, 2024 Finance Minister Nirmala Sitharam announced an interim budget promising the continuation of the government's policies and priorities of reforms and overall development. The government has achieved a reasonable balance between distributing resources for development while adhering to fiscal consolidation.
The government will begin the "Housing for Middle Class" scheme to encourage middle-class families to buy or build their own homes.
The Pradhan Mantri Awas Yojana (Grameen) is reaching its aim of 3 crore houses, with an extra goal of 2 crore units set for the following five years.
Accelerate the Saksham Anganwadi and Poshan 2.0 initiatives to improve early children care, development, and nutrition delivery.
Encouraging girls aged 9 to 14 to get vaccinated against cervical cancer.
Extending health coverage to all ASHA, Anganwadi workers, and assistance under the Ayushman Bharat initiative.
The country has increased its capital expenditure by 11% to ₹11.11 lakh crore, or 3.4% of GDP, during 2024–2025.
Rates of direct and indirect taxes remain unchanged. The tax structure remains unchanged.
Enabling rooftop solarization for one crore families, resulting in a monthly supply of up to 300 units of free electricity.
Extending the reach of current airports and developing new airports in their entirety under the UDAN program.
Three significant railway corridor projects are being implemented under PM Gati Shakti to cut expenses and improve logistical effectiveness.