Union Budget 2024-25: Detailed Explanation of All Announcements | Union Budget 2024 Explained |Hindi
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- เผยแพร่เมื่อ 11 พ.ย. 2024
- Union Budget 2024-25: Detailed Explanation of All Announcements | Union Budget 2024 Explained |Hindi
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Interim Budget
Govt. focus on 4 major castes, namely ‘Garib’ (Poor), ‘Mahilayen’ (Women), ‘Yuva’ (Youth) and ‘Annadata’ (Farmer). Pradhan Mantri Garib Kalyan Anna Yojana was extended for five years, benefitting more than 80 crore people.
In the full budget, govt. particularly focus on employment, skilling, MSMEs, and the middle class. Govt. announced the Prime Minister’s package of 5 schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over a 5-year period with a central outlay of ` 2 lakh crore. Provision of 1.48 lakh crore for education, employment and skilling.
This budget envisages sustained efforts on the following 9 priorities for generating ample opportunities for all.
1) Productivity and resilience in Agriculture
2) Employment & Skilling
3) Inclusive Human Resource Development and Social Justice
4) Manufacturing & Services
5) Urban Development
6) Energy Security
7) Infrastructure
8) Innovation, Research & Development and
9) Next Generation Reforms
In the next two years, 1 crore farmers across the country will be initiated into natural farming supported by certification and branding.
Govt. will facilitate the implementation of the Digital Public Infrastructure (DPI) in agriculture for coverage of farmers and their lands in 3 years. During this year, digital crop survey for Kharif using the DPI will be taken up in 400 districts. The details of 6 crore farmers and their lands will be brought into the farmer and land registries. Issuance of Jan Samarth based Kisan Credit Cards will be enabled in 5 states.
Scheme A: First Timers
This scheme will provide one-month wage to all persons newly entering the workforce in all formal sectors.
Scheme B: Job Creation in manufacturing
This scheme will incentivize additional employment in the manufacturing sector, linked to the employment of first-time employees.
Scheme C: Support to employers
This employer-focussed scheme will cover additional employment in all sectors.
Govt. announced a new centrally sponsored scheme, as the 4th scheme under the Prime Minister’s package, for skilling in collaboration with state governments and Industry. The Model Skill Loan Scheme will be revised to facilitate loans up to ` 7.5 lakh with a guarantee from a government promoted Fund.
For improving the socio-economic condition of tribal communities, govt. will launch the Pradhan Mantri Janjatiya Unnat Gram Abhiyan by adopting saturation coverage for tribal families in tribal-majority villages and aspirational districts. For facilitating term loans to MSMEs for purchase of machinery and equipment without collateral or third-party guarantee, a credit guarantee scheme will be introduced.
The limit of Mudra loans will be enhanced to ₹ 20 lakh from the current ₹ 10 lakh for those entrepreneurs who have availed and successfully repaid previous loans under the ‘Tarun’ category. Govt. reduced the turnover threshold of buyers for mandatory onboarding on the TReDS platform from ` 500 crore to ` 250 crore. Government will launch a comprehensive scheme for providing internship opportunities in 500 top companies to 1 crore youth in 5 years.
Transit Oriented Development plans for 14 large cities with a population above 30 lakh will be formulated, along with an implementation and financing strategy. Under the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of ₹ 10 lakh crore.
Phase IV of Pradhan Mantri Gram Sadak Yojana (PMGSY) PMGSY will be launched to provide all-weather connectivity to 25,000 rural habitations which have become eligible in view of their population increase.
NPS-Vatsalya, a plan for contribution by parents and guardians for minors will be started. On attaining the age of majority, the plan can be converted seamlessly into a normal NPS account.
Govt. reduced the BCD on mobile phone, mobile PCBA and mobile charger to 15 per cent. Govt. propose to reduce customs duties on gold and silver to 6 per cent and that on platinum to 6.4 per cent. Govt. propose to fully exempt customs duties on 25 critical minerals and reduce BCD on two of them.
Short term gains on certain financial assets to attract 20% tax rate. Long term gains on all financial and non-financial assets to attract a tax rate of 12.5%. govt. increased the limit of exemption of capital gains on certain financial assets to ₹ 1.25 lakh per year. Govt. proposes Vivad Se Vishwas Scheme, 2024.
The standard deduction for salaried employees is proposed to be increased from ₹50,000 to ₹75,000. Similarly, deduction on family pension for pensioners is proposed to be enhanced from ₹ 15,000 to ₹ 25,000.
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Well explained mam...thanks a lot for your this much effort❤
My pleasure
Underrated Channel. Keep posting such informative videos!
I'm glad you liked it
Thank You So much Mam😊
Most welcome
Next big yt channel brewing here ❤🎉
Thank you so much
Govt schmes overall jan-june or report and indices ka pdf lao 6 months ke apke pdfs bhut ache hote hai...jaldi kro....exam aane wala hai revise krna asaan hoga
Very good sister 👌🙏
Thanks a lot
Dear mam
kindly make a video on financial stability report which is published on half yearly basis. your content is actually helpful for every aspirants and thanks for sharing this important content. I will eagerly waiting for your positive response on financial stability report. Again and again thank you so much.
okay we will try to upload
Such a nice session ma'am and informative video
Thank you so much ma'am😊
You're welcome
Beautifully explained🎉❤
I'm glad you liked
U r such an incredible work done
“I'm so impressed by how you communicate…👏🏽👏🏽👏🏽👍👍
Super 👌
Thank you so much
Aap ka hi wait tha maam🎉
Well explained...thank you🙏
Glad it was helpful!
Nice explanation 😃 mam pls upload govt schemes of this FY2024
we will try to upload
Keep working.... Content r 💯 😉
Mam , please bring six month of schemes and flagship scheme video.
we will upload soon
Was waiting for your lecture on budget
I'm glad to know
please start ESI & FM for RBI grade B !!!
It would be very helpful mam
we will try
Ma'am economic survey bhi laiye plz ma'am plz request hai
will try to upload
Hi maam ,july month circular kab tak ayega?
1-2 din me aa jayga
Mam please upload july month rbi circulars
will be uploaded in 1-2 days
Economic survey ma'am??
mam plz upload july RBi circulars and MCQs.🙏🙏
Will be uploaded within 1 - 2 days.
@@DecodeIndian thnkz mam😊😊
Mam short-term capital gains and long-term capital gains definition kya hai
video dubara dekhiye
Economic survey ka bhi pdf lao
Please FSR videos
will try to upload
Madam please dont promote unwanted apps or betting apps or games apps or adds in your telegram channel
We have subscribed your youtube channel and joined telegram group.....with more respect, as your way of teaching is very impressive...rbi circulars very useful to many banking exams
I hope u understand madam
We understand your concern but let me tell you that it is not promoted by me . Telegram has its own feature of promotion or showing ads without our consent.
Jess Jess hum aage badhte hai, ek cheez k sath smjhauta kar lena behad zaruri hai, - sabko khush kabhi nhi rakha ja skta..
Bilkul