Budget

Decoding India’s Budget 2024: Insights, Effects and Recommendations for a Bright Future

The Indian Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, marks a pivotal moment for the NDA government’s third term. Emphasizing ‘Ease of Doing Business,’ the budget prioritizes the middle class, MSMEs, and job creation, with significant allocations for infrastructure, healthcare, education, and agriculture. Key initiatives include increased income tax deductions, support for women-led development, and a comprehensive skill development program. While the budget aims for sustainable growth and innovation, challenges such as funding mismanagement and sector performance remain. This analysis explores the implications of Budget 2024, offering insights and recommendations for fostering inclusive economic growth in India.