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Showing posts from August, 2024

India's 2024-2025 budget. The positves and negatives

 India’s 2024-2025 budget, presented by Finance Minister Nirmala Sitharaman, is all about boosting growth, creating jobs, and moving the country forward with modern infrastructure and technology. Here’s a quick look at the most important points: 1. Economic Growth and Jobs Growth Target: The budget aims for a 7.5% growth in India’s GDP, focusing on increasing investments and spending to drive the economy forward. Job Creation: New schemes are introduced to create jobs, especially in manufacturing and infrastructure. The "Skill India 2.0" program is also expanding, focusing on training in fields like AI, robotics, and green energy. 2. Building Infrastructure National Infrastructure Pipeline (NIP): A big chunk of the budget is dedicated to infrastructure projects, including roads, railways, and urban development, aiming to complete existing projects and start new ones. Better Connectivity: The budget plans to modernize the railway network and improve road connections in rur