Quick Summary
The Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presented the Union Budget 2024-25 in Parliament today. This budget envisions sustained efforts across nine key priorities to generate ample opportunities for all, in pursuit of Viksit Bharat. The key priorities include Productivity and Resilience in Agriculture, Employment Skilling, Inclusive Human Resource Development and Social Justice, Manufacturing Services, Urban Development, Energy Security, Infrastructure, In
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN - Rs.1999
1799
(Excl. of GST ₹323)
2 Years PLAN - Rs.3499
3149
(Excl. of GST ₹566)
BEST VALUE
3 Years PLAN - Rs.4999
4499
(Excl. of GST ₹809)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The Union Budget 2024-25 has allocated ₹11,11,111 crore for capital expenditure in infrastructure, which represents 3.4 percent of the GDP.
The government will provide ₹1.5 lakh crore in long-term interest-free loans to assist states in their resource allocation for infrastructure development, encouraging them to provide similar scale support.
The government will promote private sector investment through viability gap funding, supportive policies and regulations, and the introduction of a market-based financing framework.
Phase IV of PMGSY will be launched to provide all-weather connectivity to 25,000 rural habitations that have become eligible due to population increase.
Financial support will be provided for irrigation and flood mitigation projects in Bihar, estimated at ₹11,500 crore, and assistance will be given for flood management and related projects in Assam, Himachal Pradesh, Uttarakhand, and Sikkim.
CAclubindia
