For agriculture, there were no surprises like the PM-Kisan scheme of 2019. The FM rightly took the credit for handsome hikes in the Minimum Support Prices and proactive management of food inflation. Introduction of Nano DAP fertilisers is welcome but Nano Urea effectiveness needs a review. Improving fisheries productivity is good news
The Union finance minister also reiterated that the resources are distributed fairly and government is addressing systemic inequalities that had ‘plagued’ the society.
Budget 2024 announcement: Union Finance Minister Nirmala Sitharaman will present the Interim Budget 2024-25 on February 1. The full budget for FY25 will be presented after the formation of the new government following the Lok Sabha elections 2024.
FM Nirmala Sitharaman announced plans to develop port connectivity, tourism infrastructure, and amenities in the Lakshadweep islands to promote domestic tourism.