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Economy
Blueprint for developed India, inclusive growth
![Blueprint for developed India, inclusive growth](https://cdn.statically.io/img/img.etimg.com/thumb/msid-111969611,width-362,height-240,imgsize-30064,resizemode-4/opinion/et-commentary/blueprint-for-developed-india-inclusive-growth.jpg)
India's budget outlines a strategic vision for economic development by 2047. With a focus on employment, startups, and climate action, the budget aims to support growth and innovation. Allocations for youth, MSMEs, and green initiatives indicate a commitment to sustainable economic practices.
Budget 2024: Government seeks to script long-term India growth story
Sitharaman's seventh budget stresses growth and fiscal discipline, projecting a 4.9% FY25 deficit and a 17% capex rise. Key areas include state support, youth employment, women's participation, agriculture, social welfare, private capex, Digital Public Infrastructure, RBI dividend, employment-linked incentives, lower individual tax burden, skilled workforce, Industrial Training Institutes, aligning with the Economic Survey for 2047.
- Focus is on creating jobs, giving a lift to small biz & middle class: Nirmala Sitharaman
- Aiming for more overseas investments: Proposal to slash corp tax on foreign cos to 35% will motivate to set up permanent base
- Budget 2024: Focus on job creation for a Viksit Bharat
- Budget 2024: Customs duty rejig to fire up Make in India engine
- Future-proofing the Indian economy: Measures announced in budget expected to stabilise rural economies
- Implement reforms, get interest-free loans: Center to states
- Bold budget has big four standouts
- Budget 2024: Centre takes big leap in digitising farmer details
- Sharpening India's edge for sustainable future: Stress on employment & encouragement for cornerstones of economy
- Next generation reforms to get policy wheels: Nirmala Sitharaman
- UK businesses, investors react positively to Union Budget
- Govt to release financial sector vision, strategy document for 5 years
Sharpening India's edge for sustainable future: Stress on employment & encouragement for cornerstones of economy
Next generation reforms to get policy wheels: Nirmala Sitharaman
UK businesses, investors react positively to Union Budget
Govt to release financial sector vision, strategy document for 5 years
Development outlay for Bhutan highest; allocation to Maldives sees cuts
Budget 2024: Allocation for Minority Affairs Ministry increases by Rs 574 crore
US
Agriculture
Budget 2024: Centre takes big leap in digitising farmer details
- Farm sector hails 'forward looking budget', Tikait calls it 'empty-handed'
- Union Budget: Edible oil industry seeks higher customs duty to motivate farmers
- Union Budget 2024: Shares of shrimp, seafood makers in heavy demand after allocation of budget
- Budget 2024: FM Nirmala Sitharaman unveils new plan for major agriculture upgrade
Finance
Implement reforms, get interest-free loans: Center to states
- India's public finances remain a weakness for credit profile, Fitch analyst says
- India Budget: Modi govt gives income tax relief to some to stimulate spending
- Budget Tax Targets: Sitharaman hopes to bump up tax revenues further in FY25
- Modi pledges $24 billion for jobs, financial aid for allies in Budget 2024
Foreign Trade
Budget 2024: Customs duty rejig to fire up Make in India engine
- UK businesses, investors react positively to Union Budget
- While GCC marched ahead, IT services exports lost ground
- EFTA opens up new opportunities for India and Switzerland: Indian-origin Swiss MP
- FDI from China may benefit India in short-term but not in long run: GTRI
Indicators
Budget 2024: Government seeks to script long-term India growth story
- Granular look at how the Indian government earns its money: Direct, indirect taxes comprise 63 paise of every Rupee it earns
- Budget 2024: How Modi 3.0 government plans to push Atmanirbharta
- Budget 2024: Sitharaman sticks to fiscal prudence, lowers fiscal deficit target to 4.9%
- Economic Survey's pitch for excluding food from inflation target
Must Watch
Infrastructure
Government announces Rs 1.5 lakh crore interest-free loans for infra development in states
- Awarding of road contracts picks up pace in June
- Union Budget 2024: FM retains allocation to NHAI at Rs 1.68 lakh crore for financial year 2024-25
- Union Budget 2024-25: Finance Minister Nirmala Sitharaman proposes 12 industrial parks under National Industrial Corridor Program
- Budget 2024: Availability of land is a major hurdle in developing new airport in Bihar
Policy
Budget at a glance: Private investment in Infra
- Budget at a glance: India Post spreads wings, insurance agents to gain, vision document for fin sector
- Budget 2024 at a glance: What's going down and what's moving up
- Focus is on creating jobs, giving a lift to small biz & middle class: Nirmala Sitharaman
- Right medicine prescribed for farm & factory
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