2024-25 Interim Budget: Key Announcements by Union Finance Minister Nirmala Sitharaman

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2024 – 25 Interim Budget | Union Finance Minister Nirmala Sitharaman presented the interim budget for the year 2024-2025 in Parliament.

  • 1-MIN READ
    | News18 Tamil
    Tamil Nadu
    Last Updated : February 1, 2024, 6:51 pm IST

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Union Finance Minister Nirmala Sitharaman presented the interim budget for the year 2024-2025 in Parliament. Presenting the budget for the 6th time, he addressed the budget for exactly 1 hour. Accordingly, the budget started at 11 am and ended at 12 pm. Key announcements of the Budget 2024-2025 are as follows:

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Target to build 2 crore houses in 5 years: Under the Prime Minister’s Housing Scheme, a target of 2 crore houses has been set in the next 5 years.

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300 units of free electricity for solar roof houses: Solar power scheme will be implemented in one crore households. 300 units of free electricity will be provided to solar roof houses.

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Life Insurance Plan: All Asha workers, Anganwadi workers will be provided with life insurance plan.

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Number of Vande Bharat trains to be increased: The number of Vande Bharat trains will be increased. 49,000 ordinary coaches will be upgraded to Vande Bharat coaches. Metro service will also be extended to some cities.

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Income Tax: There is no change in income tax ceiling. Current income tax rate will be applicable.

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Rs.1 Lakh Crore Fund: A fund of Rs 1 lakh crore will be provided to develop research and innovation projects.

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2 Marine Parks: As seafood exports have doubled in the last 10 years, an integrated marine park will be set up at 2 locations.

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New flights: Minor airports will be set up in 517 cities. Another 1000 new aircraft will be procured.

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Vaccination to prevent cervical cancer: Vaccination program will be introduced to prevent cervical cancer. The vaccine is given to girls aged 9 to 18 to prevent cervical cancer.

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New app: Decision to consolidate maternity schemes operating under different names into a single scheme. A new app will be introduced to detect nutritional deficiencies.

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  • First Published : February 1, 2024, 6:51 pm IST

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