Budget 2024: Capital Expenditure Outlay Increased by 111%

Union Budget 2024 Full Announcements

Economic Survey Projects Conservative Growth Estimate

The Economic Survey has projected a conservative growth estimate for the upcoming year. Prime Minister Narendra Modi has indicated that Budget 2024 will likely announce a record capital expenditure with particular emphasis on infrastructure projects.

Finance Minister Nirmala Sitharaman Presents Budget Today

Finance Minister Nirmala Sitharaman will present her seventh consecutive Budget today, July 23. The Union Budget is a key government document that provides a detailed account of the government's financial plans and policies for the upcoming fiscal year.

Capital Expenditure Outlay Increased by 111%

The Capital Expenditure Outlay for FY 2024-25 has been increased by 111% to Rs 40,000 crore. This increase will allow for the conversion of 40000 normal rail bogies to high-speed bogies.