Interim Union Budget 2024-25: Key Takeaways

Fiscal Prudence

[{"selector":"#anim-63546ec4-7104-48a6-b0ad-e14ea243a374","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f69b48f0-7068-4d9b-9112-f487159daab5","keyframes":{"transform":["translate3d(0px, 310.62078%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c92e742-5ac8-4466-8dd8-2db56be76556","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d7f3698-c3e6-4c06-a062-5886124b8095","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b86675b5-5f9c-4b4b-af67-8c67a8cbc687","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d62260e-7169-4132-9fa7-1e63b7f18b83","keyframes":{"transform":["translate3d(0px, 855.55582%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-645e43b3-68f6-4b05-8690-416efaaa0342","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab21a7bd-a387-48e8-8d4c-0246ba74a6fa","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nirmala Sitharam stuck to fiscal prudence with an estimated 5.1 per cent fiscal deficit next year Credit: Google

2 crore houses for rural poor

[{"selector":"#anim-446ade49-18b8-47f1-befe-1d265d5c999b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-826584a3-57f5-468b-a64d-783cf0d74d0c","keyframes":{"transform":["translate3d(0px, 310.62078%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-01a77681-6ef9-4c8e-8a09-d6283798a148","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e5a8297c-8dfe-4cb3-a637-29d938d5d30c","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28098891-cb1d-44f0-8fce-0d839946db04","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-790b4a52-1eab-43d4-b3b0-c4d16deb8969","keyframes":{"transform":["translate3d(0px, 463.84502%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e8e311a2-bc11-4e86-b2da-da0b3c637b4a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-728c44ae-e707-4c72-9691-5a5145dafeb0","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The government plans to build 2 crore houses for rural poor under PM Awas Yojana (Grameen) Credit: Google

Capital spending raised

[{"selector":"#anim-6680315c-2167-4949-a316-7f024a0d3aab","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e74d9c24-68c4-4158-9b3f-7c997c8179c5","keyframes":{"transform":["translate3d(0px, 348.85606%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fca5673-98e5-44e4-a22d-30c639fa6a47","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a63fb62-799b-4509-af29-e6770f3a9155","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2fdd83ef-49ed-4b54-9f48-f3944ad3f5d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8011442a-db90-4084-a9da-7f79d0a591d0","keyframes":{"transform":["translate3d(0px, 942.65258%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5fe12808-9976-4ff6-8232-758a6f6b97eb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5867576b-fb59-4182-b0c1-0906f2bfd8d5","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The country's capital spending for 2024-25 has been raised 11 per cent to Rs 11.11 lakh crore Credit: Google

No change in tax structure

[{"selector":"#anim-a505eac2-e430-40ea-8ac1-4d043a29bf00","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e159e60-d1a6-45b0-bb09-501be83abf81","keyframes":{"transform":["translate3d(0px, 464.93851%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6d360a18-a7dd-460f-87d1-787093d94a72","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9750c58c-3e89-44e7-8444-8b81a7e0abbd","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2c2f8ae8-0c49-4580-b398-d2f8e9f7e675","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dfd7f808-9fdb-41b9-a4a2-32c384ade28f","keyframes":{"transform":["translate3d(0px, 463.84502%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e91a4b91-a98b-45e2-a1b9-b1dacc7c19e1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2eae11a9-682a-4579-8c36-7f1043562466","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] No changes to direct or indirect tax rates Credit: Google

To set up Rs 1 lakh crore corpus

[{"selector":"#anim-7fdf4561-2631-4253-9926-9b1145f58a3c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-edff49b0-4044-4eb5-8586-6d263bcf7c44","keyframes":{"transform":["translate3d(0px, 185.15241%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fdf22987-0866-4617-bd91-0b8643ce1e52","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7c241ef0-bef8-415f-97ef-8dd5638f9d48","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6596590d-2f14-4cd4-8188-d9d44e49739f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cbc7862d-4213-4dc5-8261-e73166b0b997","keyframes":{"transform":["translate3d(0px, 463.84502%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0399dcf5-21df-4733-8862-9c8427f7625c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-60dc25e0-f33b-4950-be6b-9c550e08c61a","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The government will set up Rs 1 lakh crore corpus with 50 50-year interest-free loan - long-term financing or refinance with long tenor and low or nil interest rates Credit: Google

Average real income

[{"selector":"#anim-4a095947-be27-48c0-a565-532dd4dd2683","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-34625fda-cb49-46b5-96ad-e47f411e53d9","keyframes":{"transform":["translate3d(0px, 232.46909%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a829824d-dac6-4fad-ac47-16be83165c54","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-35dab627-9568-478b-ae84-a26dfb89f04d","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30ddc858-a96d-4c68-8a3a-b1a54226a49f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c97e7d2-4531-49a2-8b11-f2c988284dbe","keyframes":{"transform":["translate3d(0px, 884.58807%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2b12355c-2595-4b87-a898-3f01d1bf8365","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f72f3379-7645-43e4-944b-056ab967905d","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Average real income of people increased by 50 per cent Credit: Google

Rail bogeys to be revamped

[{"selector":"#anim-49c8b46c-1d57-4d0a-bf28-472a22dd7fa8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1be694a0-fcfb-4ae0-bf35-896e52fd2ddf","keyframes":{"transform":["translate3d(0px, 464.93851%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f6e007b5-7306-4108-b040-54c4c46114bc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e57e464-b9c8-4aa5-a0f9-530085203bdd","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-92b3be26-ccce-4c3a-a7f0-6d4a2124fba7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d5b412a3-0b67-4f73-b510-8c8153eaca0f","keyframes":{"transform":["translate3d(0px, 435.27359%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2911c7b-6e4b-428c-9026-900396bd1612","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3533187d-4441-4bf2-b47c-92094601b49c","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 40,000 rail bogeys to be converted to Vande Bharat standards Credit: Google

300 units of free electricity

[{"selector":"#anim-d9114af8-b233-499c-b9db-bddde231c58a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c97ab51c-0b7a-4d7c-bc19-a428affd785e","keyframes":{"transform":["translate3d(0px, 307.67965%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ccc0a57-344e-4876-a273-91fbc1958bc3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e89739d-0cb1-4108-b2c5-993e94034367","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ea41cb0-ba8a-4d63-9312-a4fdad68dfcc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6b5c5404-2704-4905-99cb-8e6508112981","keyframes":{"transform":["translate3d(0px, 435.27359%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d4d4440a-a013-4083-86f8-7a4261989a5a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1e13ea23-8b68-482c-8e22-c08d8edbb70a","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Rooftop solar project to give 1 crore households 300 units of free electricity per month Credit: Google

Bio manufacturing

[{"selector":"#anim-7804d35a-37f5-4c7b-94c9-ea0af7fb57f1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fc5ed7e3-6ca7-49a7-8277-80657dd96c61","keyframes":{"transform":["translate3d(0px, 246.91354%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-72bb7f3e-73dd-4b93-9b3d-fd61dfb6f8eb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a33c7c71-67c5-446d-8517-2a26ce723054","keyframes":{"transform":["translate3d(0px, 545.13828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf48946e-3f60-4647-994d-36d6033d6326","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-60b17dd6-c74f-4a82-a192-8288b83d96a5","keyframes":{"transform":["translate3d(0px, 884.58807%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a5efc3db-cac5-4fe3-9a93-7c0ff6483c1c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4f3391e-c607-4600-a190-37b04f9b5de3","keyframes":{"transform":["translate3d(0px, -748.24954%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] New scheme of bio manufacturing, biofoundry to be launched. Blending of CNG and biogas will be mandated Credit: Google

Related Stories Delicious Banana Dishes to Savor for Every Meal Things that look beautiful on a full moon night Adorable Socks You Need in Your Collection Bedroom Accessories to Instantly Elevate Your Space