EP1 : Budget 2024: Manufacturing, Employment & Skill Development

It's time for the first budget of Modi 3.0. We look at the challenge of boosting manufacturing, skills, and employment in the country while geopolitical unrest puts stress on Indian exports. Would a GDP growth rate of over 8% be enough to create ample jobs?

From industries, defence, and agriculture to alternate energy and planning for a looming water crisis, News9 Plus explores the likely priority areas of the government in Budget 2024 in line with the vision of Viksit Bharat @2047.

India’s net direct tax collections grew 17.7% in 2023-24 to hit ₹19.58 lakh crore in the year gone by. The share of personal income taxes rose to 53.3% from 50.06% in the previous year. Corporate taxes’ contribution dipped to 46.5% from 49.6%. Individual taxpayers are contributing more and more to the exchequer each year. Would this budget reduce the burden on the taxpayers?