Budget 2024 Live Updates: Women, poor, youth, farmers in focus as FM Sitharaman presents pre-election Budget

 

Budget 2024 Live Updates: Women, poor, youth, farmers in focus as FM Sitharaman presents pre-election Budget

Budget 2024 Live Updates: Finance minister Nirmala Sitharaman on Thursday made history by presenting her sixth consecutive budget, matching the record set by former Prime Minister Morarji Desai, just

 

12:29 (IST) Feb 01

Budget Live: Quoting US President Joe Biden's endorsement of IMEC during the 78th UNGA session, Sitharaman highlighted the project's potential to spur investment opportunities across two continents.

The Finance Minister recalled the historic announcement of the India-Middle East-Europe Economic Corridor on the sidelines of the G20 summit in New Delhi. Prime Minister Narendra Modi, alongside global leaders, announced this first-of-its-kind initiative involving India, UAE, Saudi Arabia, EU, France, Italy, Germany, and the US. The corridor aims to establish reliable and cost-effective cross-border ship-to-rail transit networks, enhancing transhipment of goods and services across continents.

12:29 (IST) Feb 01

Budget India Live: Reiterating the significance of IMEC, Sitharaman emphasized its role as a strategic and economic game changer.

She highlighted its potential to encourage economic development through enhanced connectivity and integration between Asia, West Asia, the Middle East, and Europe. The Finance Minister underscored the visionary nature of this initiative, quoting support from global leaders, including US President Joe Biden.

12:28 (IST) Feb 01

Budget India Live: Success of India's G20 presidency in challenging times

Highlighting India's G20 presidency amidst the challenges of the Covid-19 pandemic, FM Sitharaman stated that India successfully navigated global problems, addressing issues such as high inflation, interest rates, low growth, public debt, and climate change. She described the emerging new world order and credited India for building consensus on global solutions, showcasing the nation's resilience and leadership.

12:28 (IST) Feb 01

Budget 2024 India | 'Vision for Viksit Bharat': Unprecedented development by 2047

Addressing the Lok Sabha, Sitharaman outlined the vision for a prosperous India, in harmony with nature, equipped with modern infrastructure, and offering opportunities for all citizens. Expressing confidence from India's track record, she declared the next five years as a golden period for unprecedented development, aligning with the dream of developing India by 2047.

12:27 (IST) Feb 01

Budget 2024 | IMEC: Transforming trade dynamics

Finance minister Nirmala Sitharaman, during her interim budget speech, emphasized the India-Middle East-Europe Economic Corridor (IMEC) as a strategic and economic 'game changer.' Quoting Prime Minister Modi's vision, she stated that the corridor would become the basis of world trade for centuries to come, marking a historic initiative on Indian soil.

12:26 (IST) Feb 01

Budget Live | 'Pradhanmantri Surydaya Yojana': PM Modi's vision for rooftop solar on 1 crore houses

Sitharaman revealed that the scheme is in line with Prime Minister Narendra Modi's announcement of launching the Pradhanmantri Surydaya Yojana. The ambitious target is to install rooftop solar panels on one crore houses, reducing electricity bills for the poor and the middle class. PM Modi, on January 22 during the historic Pran Prathishta of Ram Mandir in Ayodhya, expressed that this initiative not only benefits households but also contributes to making India self-reliant in the energy sector.

12:25 (IST) Feb 01

India Budget Live: Sitharaman's vision for free solar power and savings

The finance minister highlighted the potential impact of the initiative, stating that households could save up to Rs 15,000 to Rs 18,000 annually through free solar power and by selling excess electricity to power distribution companies. The emphasis on turning households into power-generating units aligns with the government's broader agenda of fostering self-reliance in the energy sector.

12:25 (IST) Feb 01

Budget 2024 India | 'Power to the People': Finance minister Sitharaman announced ambitious plan for rooftop solarisation in Interim Budget

In a significant move towards decentralizing power generation, Finance Minister Nirmala Sitharaman unveiled the central government's commitment to popularizing rooftop solarisation and providing free electricity to households. Presenting the Interim Budget in Lok Sabha, Sitharaman announced that one crore households will have the opportunity to receive up to 300 units of free electricity per month.

12:22 (IST) Feb 01

Budget 2024 Live Updates: Sitharaman concluded budget presentation with commitment to inclusive growth

The finance minister concluded her budget presentation with a positive outlook, signaling the government's determination to continue fostering inclusive growth and development.

12:21 (IST) Feb 01

India Budget Live: Finance minister reveals 34 crore Mudra Yojana loans for women entrepreneurs

Additionally, she revealed that 34 crore Mudra Yojana loans have been extended to women entrepreneurs, promoting financial inclusion and empowerment. "34 cr Mudra Yojana loans been given to women entrepreneurs," said Finance Minister.

12:21 (IST) Feb 01

Budget India Live: Sitharaman highlighted achievements in housing, water, and cooking gas access

"In the last 10 years, we have targeted every household for houses for all, water for all, and cooking gas for all," Sitharaman declared, emphasizing the comprehensive approach towards addressing basic needs and improving living standards.

12:21 (IST) Feb 01

India Budget Live: Sitharaman describes inclusive governance under PM Modi in Interim Budget

She reiterated the government's commitment to inclusive governance, describing the administration under Prime Minister Modi as "secularism in action."

12:21 (IST) Feb 01

Budget 2024: Finance minister Sitharaman celebrates Skill India Mission's success in Budget speech

Highlighting achievements in skill development, Sitharaman noted that the Skill India Mission has successfully trained 1.4 crore youth, contributing to their empowerment and employability.

12:20 (IST) Feb 01

Budget 2024 India: Sitharaman highlighted commitment to the poor, women, youth, and farmers in Budget 2024

Addressing the need to focus on four major pillars: the poor, women, youth, and annadatas (farmers), Sitharaman stated, "We need to focus on four major pillars -- poor, women, youth and annadatas."

12:20 (IST) Feb 01