Budget 2024: In her close to an hour-long Budget speech in the Lok Sabha, she listed her government’s achievements across sectors in the last 10 years and announced measures to boost tourism, housing and renewable energy.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government’s last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
Presenting a vote on account or an interim Budget for 2024-25, Sitharaman proposed no changes in income tax rates for individuals and corporates, as well as import duty but offered amnesty for disputed income tax demands of the period before 2014-15 as a relief to small taxpayers. In her close to an hour-long Budget speech in the Lok Sabha, she listed her government’s achievements across sectors in the last 10 years and announced measures to boost tourism, housing and renewable energy.
“The next five years will be years of unprecedented development and golden moments to realise the dream of developed India by 2047. Guided by the principle ‘reform, perform, and transform’, the government will take up next generation reforms, and build consensus with the states and stakeholders for effective implementation,” she said.
