The election results have proven that Modi guarantee is no longer enough The people of India want stronger policies on employment and agriculture For the past decade the Bharatiya Janata Party BJP enjoyed an absolute majority in the Lok Sabha the lower house of India parliament This time it has fallen well short of that [] The post India new government faces job creation challenge appeared first on 360
The Indian government has hiked allocations for major schemes in the Interim Budget announced by Finance Minister Nirmala Sitharaman, some seeing a triple digit annualised hike. This budget is significant as it serves as an economic manifesto for Prime Minister Narendra Modi s Bharatiya Janata Party ahead of the national election. The budget provides insights into the party s strategies for fiscal consolidation, borrowing, and taxation policies, offering valuable clues to the market.
Key Budget Announcements: Finance Minister Sitharaman outlined initiatives for the next five years, including increased housing, expanded access to free electricity, and enhanced medical care, especially for women. Sitharaman pledged support for key sectors targeted by Modi, such as farmers, youth, women, and the impoverished, as the country looks towards unprecedented development in the next five years.
The FM declared that Viksit Bharat Budget 2024 would be the theme of this year’s budget. She reaffirmed that the nation is still working toward Atmanirbhar Bharat and that the Interim Budget 2024 placed the greatest emphasis on the welfare and aspirations of the Gareeb (poor), Mahila (women), Yuva (youth), and Annadata (farmers). - Newsx