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Strategy for AMRIT KAAL - Budget 2024

CS Swati D Rawat
Public Infrastructure Investment boosts logistics, airport expansion and urban transit to attract foreign investment and enhance connectivity. Budget proposals prioritize accelerated public investment in transport and urban infrastructure-implementing three railway corridors under PM Gati Shakti, expanding airports under UDAN, promoting metro networks, and negotiating bilateral investment treaties to attract foreign capital-while also targeting port and island connectivity for tourism. Concurrently, inclusive measures cover district development and job creation, expanded rural and middle class housing schemes, enhanced health and nutrition programmes including extended cover for frontline workers, and agricultural initiatives focused on post harvest investment, Nano DAP expansion, oilseeds self reliance, dairy programmes, and scaling of aquaculture productivity. (AI Summary)

Budget today was aimed making India developed by the year 2047. Trinity of Democracy, Demography and Diversity backed by ' Sabka Prayas'

Some quick glance from the Interim Budget speech today dated 1st February, 2024 for Sustainable and Economic Development.

Infrastructure and Investment

  • Implementation of 3 major railway corridor programmes under PM Gati Shakti-to improve logistics efficiency and reduce cost
  • Promotion of foreign investment via bilateral investment treaties to be negotiated
  • Expansion of existing airports and comprehensive development of new airports under UDAN scheme
  • Promotion of urban transformation via Metro rail and NaMo Bharat

Inclusive Development

  • Aiming towards District Programme to assist States in faster development, including employment generation.
  • Aiming increase percentage of Women registered for Anti-Natal care and number of enrolments under Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY)

Health

  • Encourage Cervical Cancer Vaccination for girls (9-14 years)
  • Saksham Anganwadi and Poshan 2.0 to be expedited for improved nutrition delivery, early childhood care and development
  • U-WIN platform for immunisitation efforts of Mission Indradhanush to be rolled out
  • Health cover under Ayushman Bharat scheme to be extended to all ASHA, Anganwadi workers and helpers

Housing

  • Pradhan Mantri Awas Yojana (Grameen) close to achieving target of 3 crore houses, additional 2 crore targeted for next 5 years
  • Housing for Middle Class scheme to be launched to promote middle class to buy/built their own houses

Tourism

  • States will be encouraged to undertake development of iconic tourist centers to attract business and promote opportunities for local entrepreneurship
  • Long-term interest free loans to be provided to States to encourage development
  • G20 meetings in 60 places presented diversity of India to global audience
  • Projects for port connectivity, tourism infrastructure, and amenities will be taken up in islands, Including Lakshadweep.

Agriculture and Food Processing

  • Government will promote private and public investment in post harvest activities
  • Application of Nano-DAP – expanded in all Agro-climatic zones
  • Atmanirbhar Oilseeds Abhiyan strategy.
  • Dairy development programmes formulated.
  • Pradhan Mantri Matsaya Sampada Yojna[PMMSY] to enhance aquaculture productivity, double exports and generation of more employment opportunities.
Budget - Tax Proposals
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