Narendra Modi Government 3.0 - Key Highlights from Budget 2024-2025

[arjun]

Powering Up MSMEs & Services

1. Bank Credit Made Easy: Continued support for MSMEs during tough times.

2. Mudra Loans Doubled: Now up to ₹20 lakh.

3. Support for Food Irradiation: Financial aid for 50 multi-product units.

4. TREDS Onboarding Simplified: Turnover threshold reduced from ₹500 crore to ₹250 crore.

5. E-Commerce Export Hubs: Helping MSMEs and artisans go global.

[arjun]

Big Moves in Infrastructure

1. Gaya Industrial Node: New development on the Amritsar-Kolkata Corridor.

2. Road Connectivity Projects: ₹26,000 crore boost.

3. Amravati Development: ₹15,000 crore for Andhra Pradesh’s capital.

4. Rural Development: ₹2.66 lakh crore allocated.

[arjun]

Powering Up Industry
1. "Plug and Play" Industrial Parks: Established in 100 cities.

2. New Industrial Parks: 12 parks under the National Industrial Corridor Development Programme.

3. Critical Mineral Mission: Launched to boost domestic production and recycling of essential minerals.

[arjun]

Transforming Land Management

1. Unique Land IDs: Assigning IDs to all lands in rural areas.

2. Rural Land Registry: Establishing comprehensive land records.

3. Modern Land Administration: Upgrading rural and urban planning and bylaws.