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Budget
2024-2025
Bharat. Special focus has been given to the farmers
of the country in the budget. After the world's largest
scheme for food storage, now vegetable production
clusters will be created. This will provide small farmers
with new markets and better prices for fruits, vegetables,
and other produce. It is the need of the hour for India to
become self-reliant in the agricultural sector. For this
purpose, incentives to farmers have been announced in
the general budget to increase the production of pulses
and oilseeds. The central government, which is moving
towards the goal of ending poverty by empowering the
poor in the country, has made many announcements
in the general budget. This includes building 3 crore
new houses for the poor, Janjati Unnat Gram Abhiyan,
taking the schemes to saturation, and connecting 5
crore tribal families with basic amenities. Apart from
this, Gram Sadak Yojana will connect 25 thousand new
rural areas with all-weather roads.
In the last 10 years, the central government has
ensured that the poor and the middle class continue
to get tax relief. Taking this forward, in the first general
budget of the 18th Lok Sabha, the central government
has decided to reduce taxes and increase standard This is a budget that will give
deduction. The rules for tax deduction at source (TDS) countless new opportunities to the
have also been simplified. These steps will lead to youth. This budget will give a new
additional savings for taxpayers. scale to education and skills. This is
a budget that will give new strength
Reflection of the aspirations of youth power to the middle class. It has come with
Employment has become the centerpiece of the
first budget of the 18th Lok Sabha. This budget is a strong schemes to empower tribal
reflection of the youth aspirations of India. Keeping society, Dalits, backward classes. This
the inflation rate under control along with research, budget will help in ensuring economic
a provision for capital expenditure of Rs 11 lakh 11 participation of women.
thousand 111 crore has been made. This will provide
countless new employment opportunities to the
youth along with the construction of the modern - Narendra Modi, Prime Minister
infrastructure of the 21st century in India. The central
government has taken unprecedented steps in the last
decade to increase employment generation and self- create crores of new jobs. Under this unique scheme,
employment. The country and the world have seen the central government will give a maximum of Rs 15
the success of the scheme related to incentives for thousand as salary for one month to the youth who
production (PLI), which has promoted manufacturing gets the first job in his life. Be it skill development
and indigenousness. Now the central government has or assistance for higher education or an internship
announced employment-linked incentives, which will scheme for 1 crore youth the youth from rural and poor
14 New India Samachar August 1-15, 2024
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NIS English AUG 1-15 2024 FINAL. Inf..indd 14 30-07-2024 17:20:53