Budget 2024: Top Expectations From 7 Sectors


2024/01/30 11:45:15 IST

Agriculture

    Increased focus on digitization and strengthening food processing value chain. Investments in irrigation infrastructure and improved access to credit for farmers. Promotion of crop diversification and sustainable farming practices.

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Infrastructure

    Continued push for infrastructure development with increased capital expenditure. Focus on green infrastructure projects and smart cities. Investments in logistics and transportation infrastructure.

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Healthcare

    Increased allocation for public healthcare and essential medicines. Focus on expanding health insurance coverage and promoting affordable healthcare. Investments in medical research and development.

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Education

    Increased allocation for public education and improving the quality of teaching. Promotion of skill development and vocational training. Measures to make higher education more affordable and accessible.

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Manufacturing

    Extension of Production-Linked Incentives (PLIs) to more sectors. Focus on attracting investments and promoting domestic manufacturing. Reduction in import duties on raw materials and components.

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Technology

    Support for startups and innovation in emerging technologies like AI and robotics. Investments in digital infrastructure and promoting digital literacy. Measures to attract and retain talent in the technology sector.

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Salaried Class

    Increase in income tax exemption limits and reduction in tax rates. Rationalization of deductions and allowances. Measures to boost disposable income and consumer spending.

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Remember

    Its important to remember that these are just some of the expectations, and the actual budget announcements may differ. The interim budget for financial year 2024-25 will be presented by finance minister Nirmala Sitharaman on February 1.

Credit: topindiannews

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