Union Budget 2024: Key Highlights and Live Updates
Historic Rise in Capital Expenditure Outlay
The Union Budget for 2024-25, presented by Finance Minister Nirmala Sitharaman, has announced a significant increase of 111% in the Capital Expenditure Outlay, bringing it to a colossal Rs 40,000 crore. This strategic investment is intended to bolster infrastructure development and drive economic growth.
Transformation of Rail Infrastructure
The budget envisions the conversion of a substantial number of traditional rail bogies to more modern and eco-friendly models. This initiative aims to enhance passenger comfort, improve efficiency, and promote sustainable transportation.
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