Key Announcements, Policy Changes, And Other Details Inseide – India tv

Image Source: PTI Nirmala sitharaman

Finance minister nirmala sitharaman presented her eighth cultural Budget on Saturday (February 1), in which she made Crucial Announcements. The Most Notable Announcements Include Hiking The Income Tax Examption Limit to Rs 12 Lakh Per Annum Under The New Tax Regime, Rationalization of the TDS (Tax Deduction at Souras) Frastructure in five Indian Institutes of Technology (IITS ) And expanding IIT patna.

Sitharaman Announses Nuclear Energy Mission

She also made an announsement Regarding a nuclear energy mission, which will be aimed at promoting research and development of small modular reactors. The government has made an outlay of Rs 20,000 Crore. Putting an Emphasis on Research and Development in the Country, Sitharaman Announced 10,000 Fellowships for Tech Research at the Indian Institute of Technology (IIT) and Indian Institute of Science (IISCENCE) ears.

Here is the full text of the budget speech by nirmala Sitharan

Government to launch modified udan scheme

Another Major Announsment Pertains to the launch of a modified udan scheme to connect 120 destinations to help 4 Crore additional passengers in the next 10 years. Sitharaman Started Her Budget Speech with Agriculture, As She Announced PM Dhan Dhyan Krishna Yojana, Covering 100 Districts with Low Yields, MODERN CRPENTENSITY, And Below-Aawage Credit Parameter.

She added the government will launch a rural prosperity and resilience program focusing on Youth, Women, and Farmers.

The announsement also say that the government will also also roll out a 6-year program for atmanirbharta in pulses with a special focus on tur, urad, and masoor. The government also looks to launch a Comprehensive Program for Raising Vegetables, Fruit Production, and Providing remunerative Pries.

President Droupadi Murmu on Friday said the government is working towards modernisation and self-reeliance in the necessary sector whose focusing on boosting Farmers’ Income. Addressing the joint siting of parloment at the start of the budget session, Murmu highlighted that India achieved a Record Food Food Grain Production of 332 Million Tonnes in 2023-24.

Also read | Budget 2025: Big Win for Taxpayers, No Income Tax Till Rs 12 Lakh, Sitharaman Makes Big Announcement



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