Interim Budget 2024 Highlights: Growth & Empowerment

Union Finance Minister Nirmala Sitharaman unveiled the 2024 Interim Budget, spotlighting youth and women's empowerment, fiscal consolidation, and continued capital expenditure. Amidst the anticipation of general elections, this budget aimed at propelling India towards sustainable growth without altering direct and indirect tax rates.

Emphasising social justice, technology, and infrastructure, Sitharaman's blueprint promises a robust framework for India's fastest-growing economy in the G20. This article delves into the key components and their implications for India's path to development.

Social Justice and Governance

The 2024 Interim Budget, presented by Union Finance Minister Nirmala Sitharaman, places a strong emphasis on 'Social Justice' as a critical component of effective governance. Highlighting the '5 Disha Nirdashak' principles, it is clear that the government is looking to ensure that its policies are inclusive, focusing on the welfare of the poor, youth, women, and farmers ('Annadata').

This approach is not just about governance; it's about laying down a moral and ethical framework that guides the development of policies and initiatives. The budget reflects a commitment to create an equitable society where growth and prosperity are accessible to all, ensuring that the benefits of India's economic progress are widely distributed among its citizens. This vision for social justice is poised to drive transformative changes, fostering an environment of inclusivity and empowerment.

Economic Growth and Fiscal Prudence