Union Budget & Economic Survey 2024-25: Core Concepts & GK Highlights

The Union Budget outlines the government's revenue receipts, expenditure roadmap, and macroeconomic growth projections.

Major Highlights:

• Capex Outlay: Capital expenditure allocation scaled to record ₹11.11 lakh crore to drive infrastructure and job creation.
• Fiscal Deficit: Target set at 4.9% of GDP with an aim to reach below 4.5% by FY26.
• Viksit Bharat 2047: Four core pillars: Garib (Poor), Mahilayen (Women), Yuva (Youth), and Annadata (Farmers).
• Employment Linked Incentives: Schemes launched under Prime Minister's package to boost manufacturing jobs and internship opportunities for 1 crore youth.