
The interim budget’s commitments were reiterated, particularly focusing on four key groups: the poor (‘Garib’), women (‘Mahilayen’), youth (‘Yuva’), and farmers (‘Annadata’). Notable measures included higher Minimum Support Prices for crops and the extension of the Pradhan Mantri Garib Kalyan Anna Yojana, benefiting over 80 crore people.
The key theme of the 2024-25 budget centers on job creation, skilling, support for MSMEs, and strengthening the middle class. Finance Minister Sitharaman introduced the Prime Minister’s package of five schemes aimed at creating opportunities for 4.1 crore youth over five years, with a central outlay of Rs 2 lakh crore. A significant allocation of Rs 1.48 lakh crore was earmarked for education, employment, and skilling initiatives.
The budget outlines nine priorities, including agriculture, employment, inclusive human resource development, manufacturing, urban development, energy security, infrastructure, innovation, research, development, and nextgeneration reforms. These priorities are part of the government’s strategy to propel India towards comprehensive development and prosperity.
Specific actions for agriculture were detailed, such as enhancing productivity and resilience through research, releasing new crop varieties, promoting natural farming, and boosting pulses and oilseeds production. The Digital Public Infrastructure for Agriculture initiative aims to digitize farming operations across the country, benefiting millions of farmers.
In the realm of employment and skilling, the government introduced three schemes under the Employment Linked Incentive program. These schemes aim to support first-time employees, encourage job creation in manufacturing, and provide incentives to employers hiring additional workers. Special emphasis was placed on increasing women’s participation in the workforce through infrastructure support and skill development programs tailored to their needs.
هذه القصة مأخوذة من طبعة August 2024 من Investors India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 2024 من Investors India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول

Groww Nifty Non-Cyclical Consumer Index Fund: A Consideration Amid Market Fluctuations
Financial markets are inherently volatile, shifting through periods of expansion and contraction.

The Budget empowers the consumer-and the patient investor
The best course is to stay invested to reap the benefits of a consumption boost

Importance of Asset Allocation
Too often financial planning is made out to be simpler than it is. Of course, at a level financial planning is relatively uncomplicated.

Microbes. Mood, and the Gut-Brain Axis A new frontier in health
A breakthrough in Gut study was done in America by an Army surgeon William Beaumont.

Why Large Caps Now? Understanding Market Shifts and Investment Opportunities
Over the past few years, mid-cap and small-cap stocks have outperformed large caps, but market trends suggest a potential shift in favor of large-cap investments.

How to cope with the correction in mid-cap and small-cap funds
Year-to-date, large-cap funds are down by 5.4 per cent, mid-cap funds have fallen 12.8 per cent, and small-cap funds have seen a decline of 16.2 per cent.

FINANCIAL PLANNING
ASK THE EXPERT

Groww Multicap Fund: Aiming to Capture India's Growth Potential
India is entering a transformative era of economic growth, backed by a unique combination of demographic strength, infrastructure development, and rising global prominence.

How to meet life's key milestones through mutual funds
Mutual funds offer a disciplined and flexible way to achieve life milestones like education, marriage, home ownership, and retirement. With diverse investment options available n mutual funds that are tailored to risk and goals, they enable systematic wealth creation. Start early, invest consistently, and let compounding work to secure your financial future and fulfill cherished dreams.

Asset Allocation Made Easy with Mutual Funds
We often hear the advice that a balanced diet is good for health. It brings together all essential minerals, vitamins and proteins on a plate which are required to keep one healthy.