Union Finance Minister Nirmala Sitharaman presented Interium Budget 2024 today 1/2/2024. Offering a vision for the next 5 years, Mrs. Nirmala Sitharaman predicted unprecedental growth, announcing a 11.1 lakh crore Capital Expenditure for the next financial year, reflecting on 11% increase from the current year. Government aims to reduce the fiscal deficit target to 5.1% of GDP in the upcoming fiscal year, further aiming for 4.5% in the fiscal year 2026. Same rates of direct and indirect tax including import tax retained. Tax break up for start-up, investments made by soverign wealth funds extended to March 31, 2025. Government to withdraw old disputed direct tax demands up to Rs.25000 till fiscal year 2009 and Rs.10000 for 2010-2011 to 2014 – 2015. It will expected to benefit 1 crore tax payers. Allocation of 255 lakh for 3 major railway corridors. Under PM Gati Shakthi to improve logistic effeciently and reduce cost. 40000 normal train bogies to be converted into high speed Vande Bharat ones. PLI scheme gets Rs 6200 crore, 4 crore converted under PM Fasal Bima Yojana. Government to launch Blue economy 2.0 to promote aquaculture with implementation of P.M Matsya Sampada Yojana to be stepped up to enhance aquaculture productivity double exports and generate more jobs. Direct financial assistance to 11.8 crore farmers under PM- Kisan Yojana. 2 crore houses to be built under PM Avas Yojana. Healthcare facilities under Ayushman Bharat will be extended to all Asha workers, Anganawadi Bharat. Plans to set up hospitals in all districts. Saksham Anganwadi and Poshan 2.0 to be expedited for improved nutrition delivery, early childhood care and development.