Union Budget 2024-25: Key Highlights
Increased Capital Expenditure Outlay
The Capital Expenditure Outlay for the financial year 2024-25 is being increased by a significant 111% to Rs 40000 crore. This investment will primarily be used to enhance rail infrastructure, including the conversion of normal rail bogies.
Finance Minister Tables Interim Union Budget
The Interim Union Budget for the financial year 2024-25 was presented to the Parliament by Finance Minister Nirmala Sitharaman. The budget outlines the government's financial plans and policies for the upcoming year.
Focus on Fiscal Consolidation
In line with expectations, Finance Minister Sitharaman is anticipated to prioritize fiscal consolidation to effectively manage the fiscal deficit and maintain financial discipline.
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