A Budget for All: Ahead of 2024 general elections, Modi sarkar gets it right
1 year, 10 months ago

A Budget for All: Ahead of 2024 general elections, Modi sarkar gets it right

Firstpost  

There’s something for everyone in the Union Budget 2023-24 – the poor, the tribals, and India’s women. Prime Minister Awas Yojana, which aims to provide affordable housing to the poor in urban areas, has been allocated a whopping Rs 79,950 crore, a 66 per cent rise from Rs 48,000 crore in the Financial Year 2022-23. In last year’s Budget, Rs 60,000 crore was allocated to the scheme. To benefit the “hard-working” middle class, Sitharaman made five big announcements on personal income tax. “An individual with an annual income of Rs 9 lakh will be required to pay only Rs 45,000 as income tax — which is only 5 per cent of his or her income.

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