The Union Budget 2024 has introduced sweeping economic reforms aimed at boosting growth and creating employment opportunities. The Finance Minister outlined a comprehensive roadmap for economic development over the next fiscal year.
Key highlights include a 15% increase in infrastructure spending, new tax slabs for middle-class relief, and substantial allocations for digital infrastructure development. The budget also emphasizes sustainable development and green energy initiatives.
Industry experts have welcomed the reforms, particularly the focus on manufacturing and export promotion. The government has allocated ₹2 lakh crores for the Production Linked Incentive (PLI) scheme expansion.
The budget also addresses rural development with increased MGNREGA allocation and farmer welfare schemes. Healthcare and education sectors receive significant boosts with new hospitals and universities planned across the country.
