Budget2024 White

GDP
• Guided by the principle

• ‘Reform, Perform, and Transform’,
the Government will take up next generation
reforms,
TOTAL EXPENDITURE @RS.47,65,768
income expenditure
Revenue Account Rs.30,01,275 Rs.36,54,657
Capital Account Rs.17,64,494 Rs.11,11,111(3.4%GDP)

capex
State Govt (New) State Govt (old) Research and innovation
(new)
R
Rs.75000crs Rs.1.3 lakh cr Rs.1 lakh cr
Term.50 years Term.50 years Term.50 years
Interest free loan Interest free loan Interest free loan

deficits 2022-23 2023-24 2024-25
Fiscal deficit 6.4% 5.8% 5.1%(16.8 lak cr)
Revenue deficit 3.9% 2.8% 2.0%(6.5lak cr)
Primary deficit 3% 2.3% 1.5% (4.9lak cr)
Effective revenue 2.8% 1.8% 0.8% (2.6lak cr)

deficit
Vote on account Budget 2024--25
• VIKSIT BHARAT
• VISION FOR AMRITKAL
• DEFICTS (FD,RD,,ERD, FRBM )
• TAX BENEFITS
• SCHME WISE ALLOCATIONS

VIKSIT BHART BY 2047
The trinity of demography, democracy and diversity backed
by ‘Sabka Prayas’ has the potential to fulfill aspirations of every Indian

WORLD BANK
TOTAL EXPENDITURE @RS.47,65,768
income expenditure
Revenue Account Rs.30,01,275 Rs.36,54,657
Capital Account Rs.17,64,494 Rs.11,11,111(3.4%GDP)

VISION FOR AMRITKAL
• Sustainable Development
• Infrastructure and Investment
• Inclusive Development
• Agriculture and Food Processing

Sustainable Development
• Green Energy
• Electric Vehicle Ecosystem
• Bio-manufacturing and Bio-foundry
• Blue Economy 2.0

• CBG Blending Obligation (CBO) will be voluntary till FY 2024-2025
• and mandatory blending obligation would start from FY 2025-26.

•
• CBO shall be kept as and of total CNG/PNG consumption for
• voluntary till FY 2024-2025

• 2025-26 = 1%,
• 2026-27 = 3%
• 2027-28 = 4%
• 2028-29 = 5%
• Sustainable Aviation Fuel (SAF/Bio- ATF) initial indicative blending
• 1% SAF indicative blending target in 2027 ( Initially for International flights)
• 2% SAF blending target in 2028 (Initially for International flights )

TARGET@1CR HOUSEHOLDS
• The government is planning to change the trend, with plans to achieve a
total of 500 GW of renewable energy capacity by 2030, with at least 280
GW of it coming from solar.
• The government also intends to grow EV sales in India to capture the

markets
• 30 per cent of private cars,
• 70 per cent of commercial vehicles and
• 80 per cent of two- and three-wheelers by 2030.
• PM Modi also announced at COP26 that India would become carbon

neutral by 2070.
BIO-FOUNDRY
• A Bio Foundry is an integrated facility that combines
• biological, chemical biology, and engineering biology systems and
• tools with automation, high throughput measurement, integrated data

acquisition and analysis, and artificial intelligence (AI)
• and machine learning to enable feedback loops that facilitate progressive

end-to-end cycles of design, build, test, and learn
Infrastructure development
railways
Rail bogies@40,000
AIR PORTS
• Number of airports have doubled to 149
• 517 new routes are carrying 1.3 crore passengers under UDAN
• Indian carriers have pro-actively placed orders for over 1000

new aircrafts
Metro and NaMo Bharat
• The Namo Bharat is an Indian Electric multiple unit (EMU) train
built for RapidX (Regional Rapid Transit services)
On 19 October 2023, the trainset

was renamed from RapidX to Namo
Bharat
On 21 October 2023, the train set

made its commercial debut in the
Duhai - Sahibabad section
ASPIRATIONAL DISTRICTS
HOUSING
TOURISM
• Pradhan Mantri Kisan Sampada Yojana has benefitted 38 lakh
farmers and generated 10 lakh employment.
• Pradhan Mantri Formalisation of Micro Food Processing
Enterprises Yojana has assisted 2.4 lakh SHGs and sixty
thousand individuals with credit linkages.
Atmanirbhar Oil Seeds Abhiyan
• Building on the initiative announced in 2022, a strategy will be
formulated to achieve ‘atmanirbharta’ for oil seeds such
•
as mustard, groundnut, sesame, soybean, and sunflower.
• This will cover research for high-yielding varieties, widespread

adoption of modern
• farming techniques,
• market linkages, procurement,
• value addition, crop insurance.
Pradan mantri micro food processing industries
PRADANMANTRI MATSYA SAMPADA YOJANA
schemes
scheme Time period funding
Blue revolution 2015-16 to 2019-20 3000 crs
Pradhan mantri matsya 2020-21 to 2024-25 20,050 cr

sampada yojana
BLUE REVOLUTION
• The Blue Revolution, with its multi-dimensional activities, focuses mainly on
increasing fisheries production and productivity from aquaculture and fisheries
resources, both inland and marine.
year 2014-15 2018-19 2022-23 2024-25
Fish production 10.26 Million 13.75 Million 17.5 Million 22 Million

metric tons metric tons metric tons metric tons
Target indicator 2018-19 2024-25
GVA to Agriculture sector 7.28% 9%

6.7%(2022-23)
production 13.75 million metric tons 22 million metric tons
productivity 3 tons per hectare 5 tons per hectare
Per capita availability 5kg 12kg
Export value increase 46,589 cr 100000 cr
Post harvest losses reduction 20-25% 10%

Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana
(PMMKSSY,
• Announcement of new sub-scheme named Pradhan Mantri Matsya Kisan
Samridhi Sah-Yojana (PMMKSSY, 2023-24)
• Central Sector Sub-scheme under PMMSY with targeted investment of

INR 6,000 crore has been introduced
• to further enable activities for fishermen, fish vendors and micro & small
enterprises.
Lakhpati Didi
• Eighty-three lakh SHGs with nine crore women
are transforming rural socio-economic landscape
with empowerment and self-reliance
•
• It has been decided to enhance the target for
Lakhpati Didi
• from 2 crore to 3 crore.
• Deendayal Antyodaya Yojana- National Rural Livelihoods

Mission (DAY-NRLM)
•
defence

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GDP

• Guided by the principle

Revenue Account Rs.30,01,275 Rs.36,54,657

Capital Account Rs.17,64,494 Rs.11,11,111(3.4%GDP)

Term.50 years Term.50 years Term.50 years

Interest free loan Interest free loan Interest free loan

Fiscal deficit 6.4% 5.8% 5.1%(16.8 lak cr)

Revenue deficit 3.9% 2.8% 2.0%(6.5lak cr)

Primary deficit 3% 2.3% 1.5% (4.9lak cr)

Effective revenue 2.8% 1.8% 0.8% (2.6lak cr)

• VISION FOR AMRITKAL

• DEFICTS (FD,RD,,ERD, FRBM )

• SCHME WISE ALLOCATIONS

The trinity of demography, democracy and diversity backed

by ‘Sabka Prayas’ has the potential to fulfill aspirations of every Indian

Revenue Account Rs.30,01,275 Rs.36,54,657

Capital Account Rs.17,64,494 Rs.11,11,111(3.4%GDP)

• Infrastructure and Investment

• Agriculture and Food Processing

• Electric Vehicle Ecosystem

• Bio-manufacturing and Bio-foundry

• Blue Economy 2.0

• and mandatory blending obligation would start from FY 2025-26.

• voluntary till FY 2024-2025

• 1% SAF indicative blending target in 2027 ( Initially for International flights)

• 2% SAF blending target in 2028 (Initially for International flights )

• The government also intends to grow EV sales in India to capture the

• PM Modi also announced at COP26 that India would become carbon

• tools with automation, high throughput measurement, integrated data

• and machine learning to enable feedback loops that facilitate progressive

• Indian carriers have pro-actively placed orders for over 1000

On 19 October 2023, the trainset

On 21 October 2023, the train set

• This will cover research for high-yielding varieties, widespread

Blue revolution 2015-16 to 2019-20 3000 crs

Pradhan mantri matsya 2020-21 to 2024-25 20,050 cr

year 2014-15 2018-19 2022-23 2024-25

Fish production 10.26 Million 13.75 Million 17.5 Million 22 Million

GVA to Agriculture sector 7.28% 9%

productivity 3 tons per hectare 5 tons per hectare

Per capita availability 5kg 12kg

Export value increase 46,589 cr 100000 cr

Post harvest losses reduction 20-25% 10%

• Central Sector Sub-scheme under PMMSY with targeted investment of

• from 2 crore to 3 crore.

• Deendayal Antyodaya Yojana- National Rural Livelihoods

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