India's 2024-25 Budget Focuses on Health and Education

The Union Budget 2024-25 emphasizes India's commitment to becoming a 'Viksit Bharat' with a strong focus on health, education, and employment. Significant budgetary allocations have been made for health infrastructure, mental health programs, and educational initiatives like Samagra Shiksha Abhiyan and PM-POSHAN. The budget includes notable allocations for railway projects across various states, including ₹14,184 crores for Northeast Frontier Railway and ₹3,011 crores for Kerala. Additionally, there is a historic shift in nuclear energy policy with the introduction of Bharat Small Reactors, aiming to partner with the private sector. Economic measures include a hike in both short-term and long-term capital gains taxes, impacting market sentiments. These initiatives aim to empower youth, boost local economies, and ensure inclusive growth while maintaining fiscal discipline.