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Finance Minister Nirmala Sitharaman presents a robust 2024-25 Budget in Parliament

Finance Minister Nirmala Sitharaman presents a robust 2024-25 Budget in Parliament

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Finance Minister Nirmala Sitharaman presented the 2024-25 Budget in Parliament: ₹48.21 lakh crore budget, 4.9% GDP Deficit, and important announcements. This budget has important announcements for all sectors like agriculture, health, defense, railways, and infrastructure. Special schemes for states like Bihar and Andhra Pradesh have also been mentioned. Apart from this, more budget has been allocated to various ministries.

This time the central government has set nine priorities for ‘Developed India‘, which includes areas like social welfare, education, environmental protection, and innovation. In this presentation, the government has taken important decisions for all sectors including agriculture, health, defense, railways, and infrastructure through the budget.

Finance Minister Nirmala Sitharaman presents a robust 2024-25 Budget in Parliament
Finance Minister Nirmala Sitharaman presents a robust 2024-25 Budget in Parliament

Here is a brief description of the budget allocation of various ministries and departments for the financial year 2024-25. This list gives the budget amount allocated to each ministry or department, indicating their budgetary priorities and importance: 2024-25 Budget.

– Ministry of Finance: ₹ 18,58,158.52

– Ministry of Defence: ₹ 6,21,940.85

– Ministry of Road Transport and Highways: ₹ 2,78,000.00

– Ministry of Railways: ₹ 2,55,393.00

– Ministry of Consumer Affairs, Food and Public Distribution: ₹ 2,23,323.36

– Ministry of Home Affairs: ₹ 2,19,643.31

– Ministry of Rural Development: ₹ 1,80,233.43

– Ministry of Chemicals and Fertilizers: ₹ 1,68,499.87

– Ministry of Communications: ₹ 1,37,293.90

– Ministry of Agriculture and Farmers Welfare: ₹ 1,32,469.86

– Ministry of Education: ₹ 1,20,627.87

– Ministry of Jal Shakti: ₹ 98,713.78

– Ministry of Health and Family Welfare: ₹ 90,958.63

– Ministry of Housing and Urban Affairs: ₹ 82,576.57

– Ministry of Women and Child Development: ₹ 26,092.19

– Department of Atomic Energy: ₹ 24,968.98

– Ministry of Labour and Employment: ₹ 22,531.47

– Ministry of External Affairs: ₹ 22,154.67

– Ministry of Micro, Small and Medium Enterprises: ₹ 22,137.95

– Ministry of Electronics and Information Technology: ₹ 21,936.90

– Ministry of Power: ₹ 20,502.00

– Ministry of New and Renewable Energy: ₹ 19,100.00

– Ministry of Science and Technology: ₹ 16,628.12

– Ministry of Petroleum and Natural Gas: ₹ 15,930.26

– Social Justice and Empowerment: ₹ 14,225.47

– Department of Space: ₹ 13,042.75

– Ministry of Tribal Affairs: ₹ 13,000.00

– Ministry of Commerce and Industry: ₹ 11,469.14

– Ministry of Heavy Industries: ₹ 7,242.00

– Ministry of Fisheries, Animal Husbandry and Dairying: ₹ 7,137.68

– Ministry of Law and Justice: ₹ 6,788.33

– Ministry of Development of North Eastern Region: ₹ 5,900.00

– Ministry of Statistics and Programme Implementation: ₹ 5,453.83

– Ministry of Skill Development and Entrepreneurship: ₹ 4,520.00

– Ministry of Textiles: ₹ 4,417.03

– Ministry of Information and Broadcasting: ₹ 4,342.55

– Ministry of AYUSH: ₹ 3,712.49

– Ministry of Youth Affairs and Sports: ₹ 3,442.32

– Ministry of Environment, Forests and Climate Change: ₹ 3,330.37

– Ministry of Food Processing Industries: ₹ 3,290.00

– Ministry of Culture: ₹ 3,260.93

– Ministry of Minority Affairs: ₹ 3,183.24

– Earth Sciences Ministry: ₹ 3,064.80

– Ministry of Corporate Affairs: ₹ 2,667.06

– Ministry of Tourism: ₹ 2,479.62

– Ministry of Personnel, Public Grievances and Pensions: ₹ 2,379.87

– Ministry of Ports, Shipping and Waterways: ₹ 2,377.49

– Ministry of Civil Aviation: ₹ 2,357.14

– Ministry of Mines: ₹ 1,941.06

– Secretariat of the President, Parliament, Union Public Service Commission and Vice President: ₹ 1,884.92

– Ministry of Panchayati Raj: ₹ 1,183.64

– Ministry of Cooperation: ₹ 1,183.39

– Ministry of Planning: ₹ 837.26

– Ministry of Steel: ₹ 325.66

– Ministry of Coal: ₹ 192.55

– Ministry of Parliamentary Affairs: ₹ 64.00

Grand Total: ₹ 48,20,512.08

Financial Year Amount allocated in the 2024-25 budget, for important schemes.

1. MGNREGA Scheme: ₹ 86,000

2. Ayushman Bharat: ₹ 7,300

3. Pradhan Mantri Awas Yojana (Urban): ₹ 30,171

4. Pradhan Mantri Awas Yojana (Rural): ₹ 54,500

5. Pradhan Mantri Solar Energy (Grid): ₹ 10,000

6. Pradhan Mantri Surya Ghar Free Electricity: ₹ 6,250

7. Pradhan Mantri Vishwakarma Yojana: ₹ 4,824

8. Pradhan Mantri Gram Sadak Yojana: ₹ 19,000

9. Pradhan Mantri Mission Vatsalya Yojana: ₹ 1,472

10. Pradhan Mantri PLI Scheme: ₹ 6,200

The central government has specially allocated funds in the budget for these schemes so that they can be effectively implemented in different sectors of the society.

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