Read full
Budget Speech: https://www.indiabudget.gov.in/doc/Bu...
Highlight : https://www.indiabudget.gov.in/doc/bh...
Key Highlight of this Budget 2024 -
Water Management:
Financial support for irrigation and flood mitigation projects, including the Kosi-Mechi intra-state link.
Agriculture:
Promotion of FPOs and cooperatives for vegetable supply chains.
Release of new high-yielding and climate-resilient crop varieties.
Support for natural farming and bio-input resource centers.
Digital Public Infrastructure:
Implementation of DPI for farmers and lands.
Digital crop survey in 400 districts.
Affordable Real Estate:
Encouraging states to lower stamp duties for properties purchased by women.
Infra PMGSY Roads:
Launch of Phase IV to provide all-weather connectivity to 25,000 rural habitations.
Tourism:
Development of Vishnupad Temple Corridor and Mahabodhi Temple Corridor.
Comprehensive initiatives for Rajgir, Nalanda, and Odisha.
Space Economy:
Venture capital fund of ₹1,000 crore to be set up.
Affordable Medicines:
Fully exempting three more cancer medicines from customs duties.
Mobile Industry:
Reduction of BCD on mobile phones, PCBA, and chargers to 15%.
Rural Development:
Allocation for schemes benefitting women and girls, and tribal communities.
Education:
Skilling programs for youth and upgradation of Industrial Training Institutes.
Energy:
Exemptions for critical minerals used in manufacturing.
Social Welfare:
Various schemes under social justice and human resource development.
Commerce & Industry:
Critical Minerals Mission for domestic production and overseas acquisition.
Support for MSMEs including enhanced credit support and Mudra Loans.
Nuclear Energy
Focus on enhancing nuclear power generation capacity with an emphasis on safety and technology upgrades.
Thermal Power Plants: NTPC & BHEL
Modernization and emission control upgrades for existing plants. Investment in cleaner technologies to reduce carbon footprint.
IT and Telecom
Expansion of 5G infrastructure and support for tech startups. Initiatives to increase broadband penetration in rural areas.
Health
Increased funding for public healthcare infrastructure. Initiatives to combat specific diseases like cancer, and support for healthcare startups.
Display Manufacturing
Promotion of domestic manufacturing of display units through subsidies and incentives. Support for R&D in display technology.
Semiconductor
Boosting domestic semiconductor manufacturing with financial incentives. Collaboration with global leaders for technology transfer and skill development.