Interim Budget 2024 – Key Takeaways

The Union Budget 2024 was presented by the Indian Finance Minister on 1 February. Since the full Budget will be presented by the Government after the general elections, only an interim budget was put before the Indian Parliament.

The Interim Budget 2024 outlines key priorities for the country's development, highlighting key areas of focus for growth and development. Emphasising infrastructure, the government plans to implement major railway corridors, expand regional infrastructure and develop airports under various schemes. In agriculture, there's a push for private and public investment in post-harvest activities. The budget also earmarks a significant corpus for interest-free loans to tech start-ups, while prioritizing green energy with support for wind energy projects, biomass aggregation, and coal gasification. Additionally, measures to promote electric vehicles and rooftop solarization signal a commitment to sustainable development. The following