Key Features of Budget 2024-25 | Indian Economy for UPSC CSE PDF Download

 Page 1


Key Features 
of
Budget
2024-2025
February, 2024
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Page 2


Key Features 
of
Budget
2024-2025
February, 2024
ºÉiªÉàÉä´É VɪÉiÉä
Page 3


Key Features 
of
Budget
2024-2025
February, 2024
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Viksit Bharat by 2047
Development Mantra
Comprehensive 
development of all
Vision: Prosperous Bharat in harmony with nature, modern 
infrastructure and opportunities for all
Sabka Saath, 
Sabka Vikas
Sabka Saath, 
Sabka Vikas, 
Sabka Vishwas
Trinity of demography, 
democracy and diversity, 
backed by ‘Sabka Prayas’
Developed India 
@ 2047
1
Page 4


Key Features 
of
Budget
2024-2025
February, 2024
ºÉiªÉàÉä´É VɪÉiÉä
Viksit Bharat by 2047
Development Mantra
Comprehensive 
development of all
Vision: Prosperous Bharat in harmony with nature, modern 
infrastructure and opportunities for all
Sabka Saath, 
Sabka Vikas
Sabka Saath, 
Sabka Vikas, 
Sabka Vishwas
Trinity of demography, 
democracy and diversity, 
backed by ‘Sabka Prayas’
Developed India 
@ 2047
1
People-Centric Inclusive Development
Substantive development of all forms of 
infrastructure-Physical, Digital and Social
Digital Public Infrastructure (DPI)-Promoted 
formalisation and financial inclusion
Deepening and widening of tax base via GST
Strengthened financial sector brought savings, credit 
and Investment back on track
GIFT IFSC- A robust gateway for global capital and 
financial services for the economy
Proactive Inflation management
All parts of country becoming active participants in 
economic growth
-10
-5
0
5
10
15
20
FY14
FY15
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
FY27
FY28
FY29
Per cent
India Dollar GDP growth World Dollar GDP growth
India and World Dollar GDP growth
2
Page 5


Key Features 
of
Budget
2024-2025
February, 2024
ºÉiªÉàÉä´É VɪÉiÉä
Viksit Bharat by 2047
Development Mantra
Comprehensive 
development of all
Vision: Prosperous Bharat in harmony with nature, modern 
infrastructure and opportunities for all
Sabka Saath, 
Sabka Vikas
Sabka Saath, 
Sabka Vikas, 
Sabka Vishwas
Trinity of demography, 
democracy and diversity, 
backed by ‘Sabka Prayas’
Developed India 
@ 2047
1
People-Centric Inclusive Development
Substantive development of all forms of 
infrastructure-Physical, Digital and Social
Digital Public Infrastructure (DPI)-Promoted 
formalisation and financial inclusion
Deepening and widening of tax base via GST
Strengthened financial sector brought savings, credit 
and Investment back on track
GIFT IFSC- A robust gateway for global capital and 
financial services for the economy
Proactive Inflation management
All parts of country becoming active participants in 
economic growth
-10
-5
0
5
10
15
20
FY14
FY15
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
FY27
FY28
FY29
Per cent
India Dollar GDP growth World Dollar GDP growth
India and World Dollar GDP growth
2
Focus Areas (1/2)
55.3
29.2
24.9
15
11.3
2005-06 2013-14* 2015-16 2019-21 2022-23*
Percentage of Population who are 
Multidimensionally poor
Decline in 
Headcount Ratio 
25 crore people moved out of Multi-
dimensional poverty
Garib Kalyan, Desh ka Kalyan
DBT has led to savings of ?2.7 lakh 
crore
Credit assistance to 78 lakh street 
vendors under PM-SV ANidhi
Empowering the Youth
4000
6050
2023-24 (BE) 2024-25 (BE)
? Crore
Increase in PM-SHRI 
Budget Allocation
1.4 crore youth trained under Skill 
India Mission
16
23
2014 2023
IIT
723
1113
2014 2023
Universities
7
22
2014 2022
AIIMS
Fostering entrepreneurial aspirations 
of Youth-43 crore loans sanctioned 
under PM Mudra Yojana
3
* Projections