Gaurav Taneja’s Post

🚀 Key Highlights from India's Union Budget 2024-25 🚀 The Indian government has presented the Union Budget for 2024-25, outlining strategic initiatives aimed at boosting economic growth, fostering innovation, and ensuring inclusive development. Here are the top highlights: 1.Infrastructure Development: The capital expenditure outlay has been increased by 11.1% to ₹11.11 lakh crore, continuing the government's commitment to infrastructure development. This includes major investments in railways, with 40,000 rail bogies being converted to Vande Bharat coaches, enhancing both passenger safety and convenience. 2. Fiscal Prudence: The budget maintains a focus on fiscal responsibility, with a target to reduce the fiscal deficit to 4.5% of GDP by FY26. This is expected to attract foreign investment and improve India's global economic position. 3.Skilling and Education: Emphasis on skilling loans and interest subvention on higher education loans to address the urgency around skilling requirements. 4.Tourism and Religious Corridors: Investment in religious tourism and temple corridors, along with a focus on historical sites like Nalanda, aims to position India as a leader in religious tourism and boost the tourism. 5. Support for MSMEs: Introduction of a credit guarantee scheme and e-commerce export hubs to enable demand creation and support India's aspiration to achieve USD 1 trillion in exports by 2030, driven by MSMEs. 6. Lakhpati Didi' Scheme: The successful scheme that has empowered nearly 1 crore women in villages is set to expand, aiming to reach 3 crore women, thereby significantly uplifting the economic status of rural women. #Budget2024 #IndianEconomy #Infrastructure #MSMEs #FiscalPolicy #Education #Tourism #EconomicGrowth

India's Union Budget for 2024-2025 sets an ambitious vision for a developed India. Key highlights: 🌾 Agriculture: Focus on productivity, resilience, and natural farming. New varieties of climate-resilient crops to be released. 👩💼 Employment & Skilling: PM's Package introduces schemes to boost job creation and support first-time employees. 20 lakh youth to be skilled over 5 years. 🏭 Manufacturing & Services: Emphasis on industrial parks, critical minerals, and MSME support. Enhanced credit schemes for manufacturing sector. 🏙️ Urban Development: Plans for 100 weekly 'haats', transit-oriented development in 14 large cities, and addressing housing needs of 1 crore urban families. ⚡ Energy Security: Push for nuclear energy, renewable integration, and clean energy transition for industries. 🛣️ Infrastructure: ₹11.11 lakh crore allocated (3.4% of GDP). PMGSY Phase IV to connect 25,000 rural habitations. 🧪 Innovation & R&D: Anusandhan National Research Fund established. ₹1 lakh crore financing pool for private sector-driven research. 💰 Economy: India grew at 8.2% in FY 2024. Fiscal deficit for FY 2024 at 5.6% of GDP. 📊 Taxes: Simplification of tax regime, increase in standard deduction for salaried employees, and rationalization of capital gains tax. This budget aims to boost growth, create jobs, and improve infrastructure while focusing on key sectors like agriculture, manufacturing, and renewable energy. #UnionBudget2024 #IndianEconomy #VikasitBharat

1. FDI- First Develop India 2. The FDI inflow from 2014-23 was 596 billion USD marking a golden era, Ms. Sitharaman says. We are negotiating bilateral treaties with the spirit of ‘First, Develop India’, she adds 3. Reform in States for Viksit Bharat 4. Rs. 75,000 crore is being proposed as 50-year interest free loan for milestone-linked reforms by States. 5. Societal changes 6. The government will form a high-powered committee to review challenges arising from fast population growth and demographic changes. 7. Amrit Kaal as Kartavya Kaal 8. Our govt. stands committed to create an economy with high growth and an environment to enable people to meet their aspirations, Ms. Sitharaman says.  9. “Every challenge of the pre-2014 era was overcome through our economic management and governance. This has placed the country on a sustained path of high growth. In the full Budget in July, our Govt. will present a detailed roadmap for our pursuit of Viksit Bharat” #Budget2024 #teamasija #AsijaInsight #NirmalaSitharaman #BudgetwithAsija

1. FDI- First Develop India 2. The FDI inflow from 2014-23 was 596 billion USD marking a golden era, Ms. Sitharaman says. We are negotiating bilateral treaties with the spirit of ‘First, Develop India’, she adds 3. Reform in States for Viksit Bharat 4. Rs. 75,000 crore is being proposed as 50-year interest free loan for milestone-linked reforms by States. 5. Societal changes 6. The government will form a high-powered committee to review challenges arising from fast population growth and demographic changes. 7. Amrit Kaal as Kartavya Kaal 8. Our govt. stands committed to create an economy with high growth and an environment to enable people to meet their aspirations, Ms. Sitharaman says. 9. “Every challenge of the pre-2014 era was overcome through our economic management and governance. This has placed the country on a sustained path of high growth. In the full Budget in July, our Govt. will present a detailed roadmap for our pursuit of Viksit Bharat” #Budget2024 #teamasija #AsijaInsight #NirmalaSitharaman #BudgetwithAsija

No freebies, sops, subsidies, fake promises. Confident government. Responsible government. Managed economy post covid better than any: 7% growth against global average 4%. When global average increases to 7%, India's growth is expected to hit double digits. Infrastructure spending further increased. Plans to further reduce fiscal deficit. Focus on Green, Tourism, Women. Corpus for new technologies. Bengal Kantha Saree. Vote Wisely. #Elections2024 #LokSabhaElection2024 #NariShakti #NirmalaSitharaman #Modi #Budget2024

The recently announced Union Budget has set the tone for India's economic trajectory in the  coming year. With a focus on infrastructure, agriculture, energy, security, and more, the government aims to achieve a prosperous and inclusive India. While the budget has positive aspects, such as increased allocations for generational growth and agriculture, there's room for improvement in a few areas. It's crucial to analyze the budget's impact on various sectors and its potential to create jobs and boost economic growth. What are your thoughts on the budget? Which sectors do you think will benefit the most? Let's start a discussion! #IndiaBudget #Economy #Finance #BudgetAnalysis

#UnionBudgetwithForvisMazars | Key highlights from the Union Budget 2024-25   The budget presents a comprehensive vision for a Viksit Bharat, emphasising key priorities that include enhancing productivity and resilience in agriculture, fostering employment and skilling initiatives, and promoting inclusive human resource development and social justice.    It highlights significant investments in manufacturing and services, urban development, and energy security, while also focusing on infrastructure development and innovation. Notably, it aims to create ample opportunities through schemes that incentivise job creation in manufacturing and support MSMEs.    As we navigate a complex global economic landscape, India's growth trajectory remains a shining example of resilience and potential.   #BudgetUpdates #UnionBudget2024 #Budget2024 #KeyHighlights #ViksitBharat #forvismazars #UnionBudgetwithForvisMazars #WeareForvisMazars

The Union Budget of India 2024 has set a strong foundation for economic growth, focusing on infrastructure, agriculture, energy, and security. While its highlights show the positive steps for generational growth and agriculture, there are areas for improvement. It's essential to assess its impact on various sectors and job creation. What do you think of the budget? Which sectors stand to gain the most? Let's discuss it!

#Budget 3.0 Exclusive— Santhanam B, CEO of Saint-Gobain India and APAC, expresses strong support for the Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman. The budget prominently features a significant stride towards a brighter future for #India. "We welcome this year's Union Budget, which marks a significant stride towards a brighter future for India. The government's focus on #job creation, consumption, and women's empowerment is truly commendable," stated B. Santhanam. The budget's financial support and completion of key projects, such as the Polavaram Irrigation Project in Andhra Pradesh, along with #investments in the Vishakhapatnam-Chennai Industrial Corridor, and major announcements for the North and West regions, will boost #infrastructure, economy, and ensure food security. "The emphasis on create, design, and 'Make in India' further strengthens domestic manufacturing and promotes self-reliance," he added. Saint-Gobain India appreciates the investments in industrial corridors, #MSME credit, and PM Awas Yojana Urban 2.0, which will drive growth. "The budget strikes a balance between economic growth, social welfare, and #innovation, charting a robust path for India's future." "At Saint-Gobain India, we are eager to contribute to and be a part of this journey towards a stronger, more resilient India," Mr. Santhanam concluded. Saint-Gobain India remains committed to supporting these transformative initiatives and contributing to the nation’s growth and #development. #UnionBudget2024 #SaintGobainIndia #JobCreation #InfrastructureDevelopment #MakeInIndia #EconomicGrowth #WomensEmpowerment #SocialWelfare #Innovation #ResilientIndia

The Union Budget 2024 represents a strategic blueprint aimed at fostering economic growth, empowering communities, and promoting sustainable development across India. By prioritizing sectors like agriculture, education, infrastructure, and employment, the budget sets a clear path towards realizing the vision of Viksit Bharat—a nation poised for inclusive prosperity and global competitiveness. As we navigate the challenges and opportunities ahead, the implementation of these initiatives will be crucial in shaping India's future and ensuring a prosperous and equitable society for all its citizens. #bhagwantuniversity #bhagwantuniversityajmer #india #unionbudget #budget2024 #redfile #union #budget #nirmalasitharaman #financeminister #finance #financegoals