Budget 2024: Crop insurance outlay on the rise
Crop insurance budgeted to increase by 41% from 2023 expenditure; 4 crore farmers benefit
Crop insurance budgeted to increase by 41% from 2023 expenditure; 4 crore farmers benefit
Budget gives highest allocation to defence at ₹6.2 lakh crore in FY25
FDI inflow increased at a CAGR of 4% in last 10 years
Headline inflation expected to be lowered down to 5.5% in FY24
NPAs reached their lowest to 3.2% of total advances in FY23
Massive outlay in nation’s infrastructure development
In FY24, seven ministries spent 55% of total expenditure
FM Nirmala Sitharaman said that the Indian economy has witnessed profound transformation in last 10 years and the government is working towards making India a Viksit Bharat by 2047
In its vision for the budget, the president of AIMA suggested policy changes aimed at fostering a cleaner, greener, and more inclusive economy.
Currently, we have a little over 1.4 beds per 1,000 population, in contrast to the World Health Organisation (WHO) norm of 3.5 beds per 1,000 population.