The Minister of Finance in India, Nirmala Sitharaman, presented the Interim Budget for the fiscal year 2024-25 today at the Parliament, with a spotlight on women’s development and empowerment. Let’s delve into the key highlights that shed light on how this budget will affect women and what is expected to become more affordable or dearer.
Budget 2024 Highlights for Households and Nari Shakti:
●Under the latest scheme launched by PM Modi, households can now benefit from installing rooftop solar panels, receiving an estimated ₹15,000-18,000. Anticipations suggest that this initiative will enable one crore households to access 300 units per month for free.
●The budget emphasizes providing steel, cement, and building materials to deserving sections of the middle class residing in rented houses, slums, chawls, or unauthorized colonies, facilitating the purchase or construction of their own houses. A government scheme for this purpose is set to be launched soon.
●The recently introduced Mahila Samman Savings Certificate allows savings of up to ₹2 Lakhs over a period of two years.
●The government plans to support rural women by providing raw materials and marketing assistance for products manufactured by 81 Lakh self-help groups (SHGs).
Finance Minister’s Statement:
The Finance Minister highlighted the government’s efforts in assisting nearly one crore women to become “Lakhpati Didi” under a specific scheme. Although there are no changes associated with taxation mentioned in the budget, its primary focus is on strengthening the foundation for a developed India.
The budget places emphasis on healthcare, with a focus on cervical cancer vaccination and a comprehensive program for combined maternal and child health care schemes. The Ayushman Bharat Scheme is set to expand its coverage to include all ASHA workers, Anganwadi workers, and helpers.
Budget 2024 unfolds with a clear emphasis on women’s development and empowerment, offering a range of initiatives and schemes aimed at enhancing their economic and social well-being. From financial incentives to healthcare initiatives, the budget outlines a comprehensive approach to building a more inclusive and developed India. Stay informed about these budgetary highlights to understand the potential impact on women’s lives in the coming fiscal year.
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