Budget 2024 / This time the government's focus in the budget will be food, job and house, PM Kisan's amount may increase

Zoom News : Jan 29, 2024, 03:00 PM
Budget 2024: Only 3 days are left for the budget to be presented. Since it is an election year, the government's focus will be on pleasing the common man in the budget. In such a situation, the government's focus will be on food, housing, jobs and farmers only. People are hopeful that in the interim budget, there may be measures to increase employment opportunities and prevent inflation from rising. The government can make big announcements regarding these in the budget. In such a situation, the government will have to take big steps to increase employment opportunities. Every year lakhs of youth are becoming part of the workforce. Creating employment opportunities for them is a big challenge for the government in the budget.

According to economists, some important announcements are expected on February 1. Apart from this, the amount of money transferred under Pradhan Mantri Kisan Samman Nidhi or PM-Kisan can be increased by about 50% from the current ₹ 6,000 to ₹ 9,000 annually.

There will be relief on bread

The prices of food items have increased significantly since the Corona epidemic. Especially the prices of pulses and some edible oils have increased. The price of LPG cylinder has also reached close to Rs 1000. However, the government had reduced it two-two and a half months ago. But, this reduction is not enough. There is a need to reduce it further. The government should try to stop the rising prices of everyday items. This will provide great relief to the common man, especially the people of low income group. Most of the common man's income is spent on food items. Therefore, there should be concrete measures to stop the prices of these things from increasing. It is expected that the Finance Minister can take steps in this regard in the budget.

Employment will increase

The government will have to take big steps to increase employment opportunities. Union budget can be a big opportunity for this. Every year lakhs of youth are becoming part of the workforce. Creating employment opportunities for them is a big challenge for the government. Experts say that the government has increased focus on manufacturing. This has helped in increasing employment opportunities. To increase employment opportunities, there is a need to increase the scope of the Production Linked Incentive (PLI) Scheme. There is a need to bring under this scheme those sectors of the economy which use more labour.

PM Kisan's amount may increase

The Finance Minister can also please the farmers in Budget 2024. According to media reports, in the interim budget, the Finance Minister can increase the installment of Prime Minister Kisan Samman Nidhi to Rs 9,000. This will impact GDP by 0.1 percent. This will not cause much trouble to the government.

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