An analysis on key highlights and impact of union budget 2024 on Indian Economy

Abstract

The Budget 2024, presented by Finance Minister Nirmala Sitharaman on 24th July 2024, is a critical financial document that outlines India's economic framework aimed at fostering growth, addressing structural challenges, and ensuring fiscal discipline. This research paper delves into the key highlights, priorities, and strategic initiatives introduced in Budget 2024. By analyzing various data sources and referring to contemporary news articles, this paper evaluates the potential impacts of the budgetary allocations and policy measures on different sectors of the economy. It also discusses the broader implications for economic stability and growth, aligning the fiscal strategies with India's long-term development goals.