August 2024

By Mr. Uday Umachagi & Prof. Smita Nadiger
The budget for the financial year 2024-25 aims to balance economic growth with fiscal prudence, focusing on infrastructure development, social welfare, and digital transformation. Key allocations include significant investments in transportation, healthcare, and education to drive long-term growth…

By Ms. Atiba Batul
The National Pension Scheme Vatsalya, as introduced in the Union Budget of India 2024, represents a pivotal step towards ensuring financial security and dignity for the elderly. Its comprehensive design, coupled with strategic budgetary support, positions it as a cornerstone of India’s social security framework…

By Mr. Babajan Desai & Prof. Smita Nadiger
The 2024 Union Budget of India prioritizes achieving “Viksit Bharat” through robust employment and skilling initiatives. Key measures include establishing working women hostels, providing wage support for new employees, and implementing incentives for EPFO contributions…

By Dr. Vandana Sehgal
Micro, Small, and Medium Enterprises (MSMEs) are fundamental to India’s economy, often regarded as the “engine of growth.” They significantly contribute to GDP, employment, and exports…

By Srijan Pandey, Nischal Singh Barwar and Ranjana Singh
Article 112 of the constitution requires to present an “Annual financial statement” before both houses of parliament, which is a statement of estimated receipts and expenditures of the Government of India…

By Ranjana Singh & Saurabh Mishra
The Union Budget for 2024-25 was presented by Finance Minister Nirmala Sitharaman, outlines a multifaceted approach to India’s economic and social development under the third NDA government led by Prime Minister Narendra Modi…

By Renuka Shyam Narain
The Union Budget for 2024-25 has allocated ₹1.25 lakh crore to the education sector, marking a 4.3% increase from the previous year. This budget emphasizes the development of youth and the enhancement of skill sets in response to a rapidly evolving job market…

By Subi S Sabu
The Union Budget 2024-25 arrives at a crucial time for India’s post-pandemic economy. Faced with challenges such as labour shortages and unemployment, especially among youth and marginalized groups, the budget emphasized employment generation as a strategy for economic growth and stability…

By Dr. Jasmeet Kaur Lamba
The key goals of India’s Union Budget 2024-2025 are to create jobs and strengthen the country’s economic resilience to foreign threats. Notable qualities include significant infrastructure expenditures, advances in digitalization, and targeted help for industries with increased job opportunities…