Union Budget 2024: Driving Economic Transformation under Modi 3.0
Introduction to Union Budget 2024
Strategic Moves of Modi Government in Their Third Term
Increased Focus on Infrastructure Development
Budget 2024 allocates significant funds for roads, railways, and digital infrastructure to stimulate economic growth and improve connectivity.
Boosting the Startup Ecosystem
Enhanced incentives for startups including tax breaks and funding opportunities to foster innovation and entrepreneurship.
Emphasis on Digital India Expansion
Additional investments aimed at expanding digital infrastructure, promoting e-governance, and increasing internet accessibility across rural areas.
Education and Skill Development Initiatives
Major reforms in education with a focus on upskilling youth, aligning with the needs of a modern economy.
Health Sector Reforms and Investments
Increased budgetary allocation for healthcare focusing on public health facilities and the introduction of new health programs.
Energy and Sustainability Projects
Commitments to renewable energy projects and sustainability, promoting green energy solutions and sustainable urban development.
Strengthening National Defense
Significant enhancements in defense budget to modernize armed forces and improve national security infrastructure.
Agriculture and Rural Development Focus
Initiatives to support agriculture including new farming technologies, irrigation projects, and increased minimum support prices for crops.
Tax Reforms and Financial Inclusivity
Introduction of new tax slabs and benefits aimed at increasing take-home salaries and promoting financial inclusivity.
Image credits & sources
All images are credited to paid memberships from Canva and various public domain social media platforms.
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