Union Budget 2024-25 (Interim) Prioritizes Rural Infrastructure and Women-Led Development
February 1, 2024
The Interim Budget for 2024-25 continued the government's focus on rural development, with significant allocations for flagship schemes. While specific figures for each scheme were not drastically altered from previous years, the emphasis was on sustaining the momentum of infrastructure creation, particularly under PMGSY, and strengthening livelihood opportunities through NRLM. A key highlight was the explicit mention of 'Nari Shakti' and women-led development, signaling increased support for women's SHGs and their role in rural economic transformation. This aligns with the broader goal of inclusive growth and empowerment, making it a crucial update for UPSC aspirants to analyze the continuity and shifts in policy priorities.
UPSC Angle: Analyze the budgetary allocations for key rural development schemes (MGNREGA, PMAY-G, NRLM) and their implications for poverty alleviation and employment generation. Evaluate the focus on women-led development and its potential impact on rural socio-economic indicators. Connect with the concept of 'Viksit Bharat' and the role of rural development in achieving it.