During her first address to the joint sitting of the Parliament after the constitution of the 18th Lok Sabha, President…
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Budget 2024
Budget 2024 Announcements: Profile
- No changes in direct and indirect taxes
- No Change in tax regime, same tax slabs to continue
- FM Niramala Sitharaman did not specify anything related to Senior Citizens during Interim Budget 2024 speech.
- The government will encourage the vaccination against cervical cancer of girls in the age group of 9-14 years for the prevention of the disease.
- The health cover under the Ayushman Bharat scheme will be extended to all ASHA and Anganwadi workers and helpers.
- All maternal and child healthcare schemes will be brought under one comprehensive programme for synergy in implementation.
- Empowerment of women through entrepreneurship, ease of living
- 30 crore mudra yojana loans given to women entrepreneurs
- Stem courses, girls and women constitute 43 % of enrolment
- Increasing participation of women in workforce
- Over 70 per cent houses under PM awas yojana in rural areas given to women as sole or joint owners
- The National Education Policy 2020 is ushering the transformation of reforms
- Upskill and reskilled 54 lakh youth
- 7 IITs, 16 IIITs, 390 Universities, set up
- 1.4 crore youth trained under Skill India mission
- Employment opportunities for the youth with technical skills in manufacturing, installation and maintenance
- Pradhan Mantri Kisan Sampada Yojana has benefitted 38 lakh farmers and generated 10 lakh employment.
- Charging of electric vehicles offers entrepreneurship opportunities for vendors for supply and installation employment opportunities for youth with technical skills in manufacturing, installation and maintenance.
- Farmers are our ‘Annadata’. Every year, under PM-KISAN SAMMAN Yojana, direct financial assistance is provided to 11.8 crore farmers, including marginal and small farmers.
- Crop insurance is given to 4 crore farmers under PM Fasal Bima Yojana.
- Electronic National Agriculture Market has integrated 1361 mandis, and is providing services to 1.8 crore farmers with trading volume of ` 3 lakh crore.
- Threshold for professionals eligible for presumptive taxation was increased from ₹ 50 lakh -75 Lakh.
- Corporate tax rate was decreased from 30 per cent to 22 per cent for existing domestic companies and to 15 per cent for certain new manufacturing companies.
- Capex goal has been established at Rs 11.1 lakh crore, reflecting an 11.1% increase.
- ‘Housing for all’, ‘har ghar jal’, electricity for all, cooking gas for all, bank accounts and financial services for all
- Minimum support prices for the produce of ‘Annadata’ are periodically increased
- ‘Garib’ (Poor), ‘Mahilayen’ (Women), ‘Yuva’ (Youth) and ‘Annadata’ (Farmer) key schemes to address needs, aspirations and welfare
- Government has assisted 25 crore people to get freedom from multi-dimensional poverty.
- ‘Direct Benefit Transfer’ of Rs 34 lakh crores PM-Jan Dhan accounts has led to savings of Rs 2.7 lakh crore for the Government.
- Free ration for 80 crore people
- Constant hike in MSP for farmers
- The government has assisted 25 crore people to get freedom from poverty
- Additional construction of two crore houses as part of the Pradhan Mantri Awas Yojana – Gramin (PMAY-G).
