What Is Inside Budget 2024 For Common Man; Here Are 10 Key Announcements From Nirmala Sitharaman’s Speech

While the government tax revenues have seen a significant surge, but the government seems to spend judiciously while decreasing the budget deficit to 5.1 per cent in the next financial year, which is at 5.8 per cent for the current fiscal year ending in March.
What Is Inside Budget 2024 For Common Man; Here Are 10 Key Announcements From Nirmala Sitharaman’s Speech

What Is Inside Budget 2024 For Common Man; Here Are 10 Key Announcements From Nirmala Sitharaman’s Speech

Finance Minister Nirmala Sitharaman in her Budget 2024 speech. Outlined a comprehensive plan for the next five years, which includes increased housing opportunities, access to free electricity, and improved medical care, particularly for women.
While the government tax revenues have seen a significant surge, but the government seems to spend judiciously while decreasing the budget deficit to 5.1 per cent in the next financial year, which is at 5.8 per cent for the current fiscal year ending in March.
In the interim budget, which preceded a new administration, Sitharaman allocated Rs 11.1 lakh crore to capital spending, which is an 11.1 per cent increase from the previous year. Sitharaman assured support for including farmers, youth, women, and the unprivileged sectors over the next five years.

Here Are Key Announcements in Budget 2024 For Common Man

Saksham Anganwadi and Poshan 2.0 Programs

The Saksham Anganwadi and Poshan 2.0 programs will be accelerated to enhance nutrition delivery, early childhood care, and development.

Pradhan Mantri Awas Yojana (Grameen)

The ongoing Pradhan Mantri Awas Yojana (Grameen) is nearing its 3 crore houses target, with an additional goal of constructing 2 crore houses set for the next five years.

Housing for Middle Class Scheme

The government planning to launch the "Housing for Middle Class" scheme, which will incentivise middle-class individuals to either purchase or construct their own homes.

Cervical Cancer Vaccination

A promotion for cervical cancer vaccination is proposed for girls aged 9-14.

Ayushman Bharat Scheme Extension

Health coverage under the Ayushman Bharat scheme will be extended to include all ASHA, Anganwadi workers, and helpers.

Direct Tax Demand Withdrawal

Outstanding direct tax demands will be withdrawn, with limits set at up to Rs 25,000 for issues up to FY10 and up to ?10,000 for FY11-FY15, benefiting around 1 crore taxpayers.

Rooftop Solarisation

Providing up to 300 units of free electricity per month for 1 crore households through rooftop solarisation.

Airport Expansion under UDAN Scheme

Existing airports will be expanded, and comprehensive development of new airports will be undertaken under the UDAN scheme.
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