The Finance News India

  India Budget 2024: A Comprehensive Overview The Indian Union Budget for the fiscal year 2024-25 has been unveiled, marking a crucial step in the nation's economic strategy. Presented by the Finance Minister, the budget aims to address pressing issues, stimulate growth, and ensure equitable development. This blog delves into the key highlights, sectoral allocations, and implications of the India Budget 2024. Economic Context Before diving into the specifics, it's essential to understand the economic backdrop against which this budget has been framed. The global economy has faced significant turbulence due to the lingering effects of the COVID-19 pandemic, geopolitical tensions, and fluctuating commodity prices. Despite these challenges, India has shown resilience, with a steady GDP growth rate, controlled inflation, and a robust digital economy. Key Highlights Fiscal Deficit and Revenue One of the cornerstones of the budget is managing the fiscal deficit. For FY 2024-25, the g