Budget 2024-25 Announcements Live in Hindi: Finance Minister Nirmala Sitharaman will present the country’s new budget in the Lok Sabha today. This will be the first budget of the third term of the Modi government. Although Narendra Modi has been the Prime Minister of the country since 2014 and many budgets have been presented during his tenure. But now he is not the head of a government with a clear majority of BJP, but the head of a coalition government. A government which is dependent on the crutches of the political parties of Bihar Chief Minister Nitish Kumar and Andhra Pradesh Chief Minister Chandrababu Naidu. Both these Chief Ministers are demanding special status and special package from the Center for their respective states. In such a situation, the question is whether the compulsions of coalition politics will have any effect in the new budget? Or will only PM Modi’s imprint be seen on the budget this time as well, like the last two terms?
Will the middle class get relief?
In the new budget, everyone’s eyes will also be on whether the Modi government is going to give some relief to the middle class of the country, especially the employed people, on the income tax front this time? The Modi government has so far been emphasizing on providing facilities like free ration for the poor, building crores of houses under the PM Awas Yojana and free treatment to the people through Ayushman Bharat. In the last budget, schemes like Lakhpati Didi were started for women. At the same time, a huge budget was allocated for infrastructure. Now it remains to be seen what the Modi government is going to do in this budget to give relief to BJP’s oldest vote bank – the urban middle class?
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July 23, 2024 08:48 IST
Budget 2024 in Hindi Live Updates: What was the deficit estimate in the interim budget?
In the interim budget presented on February 1, the government had set a target of limiting the fiscal deficit to 5.1 percent, whereas during the last financial year this figure was at 5.8 percent. If the government has to move fast towards its target of limiting the fiscal deficit to 4.5 percent in the financial year 2025-26, then some important steps can be taken for it in this budget.
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July 23, 2024 08:44 IST
Budget 2024 in Hindi Live Updates: How much will the deficit of the government treasury be under control?
The one figure that the market and economists will be keeping a close eye on in the new budget is the fiscal deficit. The government has set a target of limiting the fiscal deficit to 4.5 percent of GDP by 2025-26. In such a situation, it remains to be seen what the government does to move towards this target.
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July 23, 2024 08:37 IST
Budget 2024 in Hindi Live Updates: What will the Finance Minister do for the middle class
In the first budget of Modi 3.0, all eyes will be on whether Nirmala Sitharaman gives any relief in income tax to the middle class this time or not? There is a lot of discussion that this time some changes can be made in the income tax slab as well.
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July 23, 2024 08:32 IST
Budget 2024 in Hindi Live Updates: What will be the roadmap for developed India?
Finance Minister Nirmala Sitharaman will present the Union government’s budget for the 7th consecutive time today. All eyes will be on what roadmap she presents in this budget to further the Modi government’s vision of making India a developed country by 2047. Along with this, she can also present details of the achievements of the Modi government in the last 10 years in her budget speech.