New Delhi. Finance Minister Nirmala Sitharaman presented the general budget for the financial year 2024-25 in Parliament on Tuesday, declaring that the Indian economy is performing better than the global economy. This marks her seventh consecutive budget, with a clear focus on inclusive growth and development. Sitharaman expressed gratitude to the people for re-electing the Modi government for a historic third term and made several significant announcements aimed at boosting the nation’s economy.
Government’s Nine Priorities for Development
In her budget speech, Sitharaman highlighted the government’s focus on nine key priorities, which include employment, skill development, infrastructure, and next-generation reforms. The government’s commitment to these areas is aimed at transforming India into a developed nation. Comprehensive plans are being put in place to ensure rapid progress in these sectors, with a strong emphasis on agriculture as well.
PM Modi’s Enthusiastic Support for the Budget
Prime Minister Narendra Modi showed enthusiastic support for Sitharaman’s budget announcements in the Lok Sabha. Throughout her speech, PM Modi was seen thumping the table, a clear sign of his approval and happiness with the budget’s provisions. His visible support underscores the government’s unified approach to achieving its developmental goals.
Emphasis on Employment and Skill Development
One of the standout features of the budget is its focus on creating job opportunities and enhancing skill development. Sitharaman announced an ambitious internship program targeting one crore youth, which will provide substantial allowances and assistance to enhance their employability. This initiative is part of the broader strategy to equip the younger generation with the skills necessary for future job markets.
Infrastructure and Next-Generation Reforms
The budget places significant emphasis on infrastructure development and reforms aimed at the next generation. Major investments are planned for enhancing road connectivity and industrial development in regions like Bihar and Andhra Pradesh. The goal is to create a robust infrastructure that supports rapid economic growth and development.
Major Agricultural Reforms and Innovations
Agriculture is another critical area of focus in the budget. Sitharaman announced reforms in agricultural research, including the introduction of nine varieties of high-yielding crops. The government plans to bring 109 varieties of 32 crops to strengthen the agricultural sector and the rural economy. Additionally, a digital survey of crops will be conducted in 400 districts, aiming to modernize agricultural practices and improve productivity.
Overall, the budget presented by Finance Minister Nirmala Sitharaman is a comprehensive roadmap for India’s future development, emphasizing inclusive growth, economic stability, and innovative reforms across key sectors. The government’s focus on youth, women, farmers, and infrastructure sets a promising direction for achieving the dream of a developed India.
