Budget 2024 allocates record ₹2.66 lakh crore for flagship programmes with focus on rural development and healthcare
February 2024
The Budget 2024 allocation demonstrates the government's continued commitment to flagship programmes as key policy instruments. The increased allocation for programmes like PM-KISAN (₹60,000 crore), Ayushman Bharat (₹7,200 crore), and MGNREGA (₹86,000 crore) reflects their priority status in government policy. The budget also introduced new components like PM-SURAJ for solar energy and expanded existing programmes to cover more beneficiaries. This allocation pattern indicates the evolution of flagship programmes from experimental initiatives to permanent policy infrastructure.
UPSC Angle: UPSC is likely to test budget allocations, new programme launches, and the fiscal implications of flagship programmes. Questions may focus on the sustainability of increased spending and the effectiveness of resource allocation across different programmes.