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Key Features of Budget 2024-25
Key Features of Budget 2024-25
Key Features
of
Budget
2024-2025
February, 2024
Viksit Bharat by 2047
Vision: Prosperous Bharat in harmony with nature, modern
infrastructure and opportunities for all
Development Mantra
Sabka Saath,
Sabka Vikas
Comprehensive
development of all
Sabka Saath,
Sabka Vikas,
Sabka Vishwas
Trinity of demography,
democracy and diversity,
backed by ‘Sabka Prayas’
Developed India
@ 2047
1
People-Centric Inclusive Development
15
10
Per cent
-5
-10
FY14
FY15
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
FY27
FY28
FY29
2
Focus Areas (1/2)
Garib Kalyan, Desh ka Kalyan
Decline in
DBT has led to savings of ₹2.7 lakh Headcount Ratio
crore 55.3
15
11.3
Credit assistance to 78 lakh street
vendors under PM-SVANidhi 2005-06 2013-14* 2015-16 2019-21 2022-23*
* Projections
4000
Fostering entrepreneurial aspirations
₹ Crore
2020-21
2021-22
2022-23
2023-24
NAM, supporting trading volume of
2020-21
2021-22
2022-23
2023-24
₹ 3 lakh crore
Nari Shakti
4
Strategy for Amrit Kaal (1/5)
Sustainable Development
9 3
USD Billion
Rs. Lakh Crore
6 2 298
3 1
0 0
FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25
(BE) (BE) 2005-14 2014-23
97991
50394 74
720
581.3 25
22224 16
FY15 FY22 FY15 FY22 FY15 FY22 FY15 FY22 FY15 FY22
National highways Cargo traffic at major Electrified rail route Aircraft movement (Mn Number of Airports
(Km) ports (Mn tonnes) (km) tonnes)
6
Strategy for Amrit Kaal (3/5)
Inclusive Development (1/2)
Number
1737
Health
Encourage Cervical Cancer Vaccination for girls (9-14 years)
Housing
Increased allocation for
PMAY
Pradhan Mantri Awas Yojana
(Grameen) close to achieving target
of 3 crore houses, additional 2 crore 80671
₹ Crore
79590
targeted for next 5 years
Tourism
639
Rs. Crore
Rs. Crore
2025
2.5
Declining CAD as % of GDP Declining Unemployment Rate
2.0
6.1
5.8
Per cent of GDP
1.5 4.8
4.2 4.1
1.0
Per cent
3.2
0.5
12000
9.3 9.1
8.2
Crore
7.5 7.3
5.8 8000
4.3
3.8
3.2
4000
Sep-23
FY14
FY15
FY16
FY17
FY18
FY19
FY20
FY21
FY22
0
FY18 FY19 FY20 FY21 FY22 FY23 FY24
5.8
5.5 5.5
1.2
Per cent
4.9 4.8
1.2 4.5
1.0 3.6 3.4
1.0 0.9
0.9
0.9
0.6
FY21
FY18
FY19
FY20
FY22
FY23
FY24
FY24*
FY14
FY15
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
10
Achievements of Taxation Reforms
12
Rupee Comes From
Income Tax
(19%)
Borrowing and Other
Liabilities (28%)
Union Excise
Duties (5%)
Rupee Goes To
Pensions (4%)
Other Expenditure
(9%)
Interest Payments (20%)
States' share of
Taxes and Duties
(20%)
Subsidies (6%)
Central Sector Schemes
(16%)
Defence (8%) 13
Allocation for Specific Ministries
in ₹ Lakh Crore
Ministry of Rural
Development
1.77
Ministry of
Communications 1.37
Ministry of Agriculture
and Farmer's Welfare 1.27
14
Allocation to Major Schemes (in ₹ crore)
86,000
7500
60,000
7200
2023-24(BE) 2024-25(BE) 2023-24(BE) 2024-25(BE)
Modified Programme for
Production Linked Incentive Development of Semi-
Scheme conductors and display
manufacturing ecosystem
6,200
6,903
4,645
3,000
600
4,970
297
23.8 18.1
25
18 17.9
17.6
₹Lakh Crore
20
₹Lakh Crore
15
17
10
0 16
2022-23 2023-24 2023-24 2024-25 2022-23 2023-24 2023-24 2024-25
(Actuals) (BE) (RE) (BE) (Actuals) (BE) (RE) (BE)
36 12
10.5
35.4
₹Lakh Crore
₹Lakh Crore
35.0
35 8
34.5
34 4
33 0
2022-23 2023-24 2023-24 2024-25 2022-23 2023-24 2023-24 2024-25
(Actuals) (BE) (RE) (BE) (Actuals) (BE) (RE) (BE)
16
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Key Features
of
Budget
2024-2025
February, 2024