The central government kept the capital expenditure outlay at Rs 11.11 lakh crore for 2024-25, as was announced by Union Finance Minister Nirmala Sitharaman in her interim Budget, ahead of the General elections.
The interim budget, tabled on February 1, took care of the financial needs of the intervening period until a government was formed after the Lok Sabha polls, after which a full budget was supposed to be presented by the new government.
Investment banking company Goldman Sachs expects the central government to stick to the announced fiscal deficit target of 5.1 per cent of GDP for 2024-25 in the upcoming Budget to be tabled on July 23 and announce further consolidation to a deficit of below 4.5 per cent in 2025-26.
The additional installment of funds is part of a broader fiscal strategy outlined in the Interim Budget for 2024-25, which has allocated Rs 12,19,783 crore towards the devolution of taxes to states.
Launched on June 25, 2015, PM Awas Yojana will end after extensions on March 31, 2024. The interim Budget of the central government for 2024- 25 tabled on February 1, 2024, by Finance Minister Nirmala Sitharaman announced 2 crore additional houses in rural areas over the next five years.<
Coming down heavily on the state government over the interim budget presented by Deputy CM and Finance Minister Ajit Pawar, Uddhav Thackeray faction leader and spokesperson Anand Dubey said on Tuesday that this budget is not for common people.
Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar announced on Tuesday that the state government would provide a grant amounting to Rs 78,000 to every household under the central government's rooftop solar scheme.
New Delhi [India], February 16: The interim budget 2024 has brought a fresh ray of hope to millions of middle-income households who aspired to buy their own homes, but are forced to stay on rent. In a positive move, 2-crore more houses will be built under PM Awas Yojana Scheme in the next fi
The central government's rooftop solar project, with an investment of over Rs 75,000 crores, aims to light up 1 crore households by providing up to 300 units of free electricity every month.
The rooftop solar project, with an investment of over Rs 75,000 crores, aims to light up 1 crore households by providing up to 300 units of free electricity every month.