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Budget 2024 Live Updates: Nirmala Sitharaman Presented Her First Budget Of Modi 3.0, Why Did She Focus On Employment, Tax Relief

All eyes are on Nirmala Sitharaman's seventh consecutive budget in Budget 2024 as experts expect her to announce huge relief for the middle class and increase in the basic exemption limit under the new tax regime

livendtv.com by livendtv.com
23 July 2024
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Budget 2024 Live Updates: Nirmala Sitharaman Presented Her First Budget Of Modi 3.0, Why Did She Focus On Employment, Tax Relief
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Budget 2024 Live Updates: Nirmala Sitharaman Presented Her First Budget Of Modi 3.0, Why Did She Focus On Employment, Tax Relief

Budget 2024 Live Updates

Budget 2024 Live Updates:- Finance Minister Nirmala Sitharaman is presenting her seventh consecutive budget in Parliament today, Tuesday, July 23. The Budget 2024-25 is being considered as the action plan of the Modi 3.0 government to prepare a different roadmap towards India’s development in the next five years.

In her record 7th Union Budget, Finance Minister Nirmala Sitharaman is expected to announce an increase in the basic exemption limit under both the old and new tax regimes as a major relief for the middle class. ALSO READ:-https://livendtv.com/kanwar-yatra-traffic-alert-2024/

Prime Minister Narendra Modi yesterday said the Finance Minister will present a strong Budget, adding that he will ensure that the government’s guarantees reach the common man. Nirmala Sitharaman presented the Economic Survey in Parliament on the first day of the monsoon session of Parliament yesterday. ALSO READ:-https://livendtv.com/entire-neet-paper-solved/

Finance Minister Nirmala Sitharaman on Budget 2024 Live said, “Credit Guarantee Scheme will be launched to provide term loan facilities to MSMEs. This scheme will work on reducing the credit risk of such MSMES A self-financing guarantee fund will provide a cover of up to ₹ 100 crore to each applicant, while the loan amount can exceed this.

Budget 2024  The Finance Minister further announced that the government will also focus on increasing women’s participation in the workforce by setting up hostels and forming partnerships to organize women-specific skill Programmes.

Budget 2024 Live Finance Minister Nirmala Sitharaman said, “On the Amritsar-Kolkata Industrial Corridor, we will support the development of an industrial node in Gaya, Bihar. This will accelerate the development of the eastern region “We will also support the development of road connectivity projects  Patna Purnia Expressway, Buxar-Bhagalpur Highway, Bodhgaya Rajgir Vaishali Darbhanga and an additional two-lane bridge over river Ganga at Buxar at a cost of ₹ 26,000 crore.

Union Budget 2024 Live Finance Minister Nirmala Sitharaman said, “power projects will be taken up at a cost of Rs 21,400 crore, including setting up a new 2400 MW power plant at Pirpainti. New airports, medical colleges and sports in Bihar Infrastructure will be created Bihar Government’s requests for external assistance from multilateral development banks will be expedited…Our Government has made efforts to fulfill the commitments in the Andhra Pradesh Reorganization Act.

Recognizing the State’s need for capital, we will facilitate special financial assistance through multilateral agencies. In the current financial year, a provision of Rs 15,000 crore will be made with additional amount in future years. Our Government is fully committed to the early completion and funding of the Polavaram Irrigation Project which is the lifeline of Andhra Pradesh and its farmers.

ALSO READ:-https://livendtv.com/delhi-high-court-update-2024/

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