{"id":76548,"date":"2024-02-02T17:34:29","date_gmt":"2024-02-02T12:04:29","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=76548"},"modified":"2024-02-02T17:34:30","modified_gmt":"2024-02-02T12:04:30","slug":"union-budget-2024-key-highlights-for-ibps-po-interview","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/union-budget-2024-key-highlights-for-ibps-po-interview\/","title":{"rendered":"Union Budget 2024: Key Highlights for IBPS PO Interview"},"content":{"rendered":"\n<p>The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, is like a treasure map for India&#8217;s future. It&#8217;s filled with exciting highlights that show where the country is heading. Imagine big projects connecting India to the Middle East and Europe, like a superhighway for goods and services. The budget also talks about how India faced tough challenges during the pandemic and came out strong, leading the way in global problem-solving. There&#8217;s a dream of a super-developed India by 2047, with fancy infrastructure and opportunities for everyone. Here we are providing important Union Budget 2024 highlights which can be asked in <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">IBS PO Interview 2023<\/a>\ud83c\udfc6\ud83e\udd47<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">Click here for IBPS PO 2023 Interview Course- BUY NOW\ud83d\udc48<\/a><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 1: IMEC Endorsement and Historic Announcement<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>US President Joe Biden endorses IMEC during the 78th UNGA session.<\/li>\n\n\n\n<li>Sitharaman highlights IMEC&#8217;s potential for investment across two continents.<\/li>\n\n\n\n<li>Historic announcement of India-Middle East-Europe Economic Corridor involving global leaders.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\"><img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"1080\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2024\/02\/IBPS-PO-2024-Interview-course.png\" alt=\"\" class=\"wp-image-76553\"\/><\/a><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 2: IMEC as a Game Changer<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sitharaman emphasizes <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">IMEC&#8217;s strategic and economic significance<\/a>.<\/li>\n\n\n\n<li>Visionary initiative quoted by global leaders, including Joe Biden.<\/li>\n\n\n\n<li>Potential for economic development through enhanced connectivity and integration.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 3: Success of India&#8217;s G20 Presidency<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sitharaman credits India for navigating global challenges during the G20 presidency.<\/li>\n\n\n\n<li>Addressing issues like inflation, interest rates, low growth, public debt, and climate change.<\/li>\n\n\n\n<li>Recognition of India&#8217;s resilience and leadership in shaping a new world order.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">Click here for IBPS PO 2023 Interview Course- BUY NOW\ud83d\udc48<\/a><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 4: Vision for Viksit Bharat&#8217; by 2047<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sitharaman outlines a vision for a prosperous <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">India by 2047<\/a>.<\/li>\n\n\n\n<li>Emphasis on harmony with nature, modern infrastructure, and opportunities for all.<\/li>\n\n\n\n<li>Next five years were declared as a golden period for unprecedented development.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 5: IMEC: Transforming Trade Dynamics:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sitharaman labels IMEC as a strategic and economic &#8216;game changer.&#8217;<\/li>\n\n\n\n<li>Quoting PM Modi, she envisions IMEC as the basis for world trade for centuries.<\/li>\n\n\n\n<li>Historic initiative transforming trade dynamics on Indian soil.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 6: Pradhanmantri Surydaya Yojana:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Aligns with <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">PM Modi&#8217;s vision<\/a> for rooftop solar on one crore houses.<\/li>\n\n\n\n<li>Aims to reduce electricity bills for the poor and middle class.<\/li>\n\n\n\n<li>Contribution to making India self-reliant in the energy sector.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">Click here for IBPS PO 2023 Interview Course- BUY NOW\ud83d\udc48<\/a><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 7: Free Solar Power and Savings:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Potential household savings of Rs 15,000 to Rs 18,000 annually through free solar power.<\/li>\n\n\n\n<li>Turning households into power-generating units aligns with the self-reliance agenda.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\"><img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"1080\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2024\/02\/IBPS-PO-2023-INTERVIEW-COURSE-Offline.png\" alt=\"\" class=\"wp-image-76556\"\/><\/a><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 8: &#8216;Power to the People&#8217; &#8211; Rooftop Solarisation:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Significant move towards decentralizing power generation.<\/li>\n\n\n\n<li>One crore households receive up to 300 units of free electricity per month.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 9: Inclusive Growth and Social Welfare:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sitharaman concludes <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">budget presentation<\/a> with a commitment to inclusive growth.<\/li>\n\n\n\n<li>34 crore Mudra Yojana loans extended to women entrepreneurs.<\/li>\n\n\n\n<li>Achievements in housing, water, and cooking gas access for all.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 10 Inclusive Governance and Skill India Mission:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Government&#8217;s commitment to inclusive governance under PM Modi&#8217;s leadership.<\/li>\n\n\n\n<li>Celebration of Skill India Mission&#8217;s success, training 1.4 crore youth.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">Click here for IBPS PO 2023 Interview Course- BUY NOW\ud83d\udc48<\/a><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 11: Commitment to the Poor, Women, Youth, and Farmers:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Focus on four major pillars: poor, women, youth, and farmers.<\/li>\n\n\n\n<li>Increased funds for <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">PM Garib Kalyan Yojana<\/a>, leveraging Direct Benefit Transfer.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 12: Free Ration for 80 Crore People:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Addressing concerns about food security, Sitharaman announces free ration for 80 crore people.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 13: Stride Towards Atma Nirbhar Bharat:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Acknowledgment of challenges during the pandemic.<\/li>\n\n\n\n<li>Country&#8217;s successful stride towards <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">Atmanirbhar Bharat<\/a> and solid foundations for the future.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">Click here for IBPS PO 2023 Interview Course- BUY NOW\ud83d\udc48<\/a><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 14: Continuity of Inclusive Development Vision:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Emphasis on &#8216;Sabka Saath, Sabka Vikas, and Sabka Vishwas.&#8217;<\/li>\n\n\n\n<li>Declaration that the Indian economy witnessed a profound positive transformation in the last 10 years.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 15: CRISIL View and Taxation<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Adoption of nano DAP to reduce <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">fertilizer subsidy bill<\/a>.<\/li>\n\n\n\n<li>No changes proposed to taxation; retention of current tax rates.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 16: Infrastructure and Economic Outlook<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Higher capex budget for infrastructure at 11.1%.<\/li>\n\n\n\n<li>Emphasis on private sector participation for maintaining growth momentum.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">Click here for IBPS PO 2023 Interview Course- BUY NOW\ud83d\udc48<\/a><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 17: Railway Development and Full Budget Roadmap<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Conversion of 40,000 rail bogies to Vande Bharat standards.<\/li>\n\n\n\n<li>Doubling of airports to 149; Indian carriers order 1,000 new aircraft.<\/li>\n\n\n\n<li>Full Budget in July to present a detailed roadmap for Viksit Bharat.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Union Budget 2024 Highlight 18: Capital Expenditure Target<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>FY25 <a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">capex target<\/a> set at Rs 11.1 lakh crore, up 11.1%.<\/li>\n<\/ul>\n\n\n\n<p>In summary, Union Budget 2024 brings a lot of good news for India. The focus on projects like the economic corridor and rooftop solar power indicates a vision for progress. The commitment to inclusive growth and support for various sections of society, from women entrepreneurs to the poor, is heartening. The budget aims to build a resilient and self-reliant India, overcoming challenges and striving for positive transformation. Overall, it paints a picture of a nation moving confidently towards a better and brighter future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.practicemock.com\/?next=https%3A%2F%2Fwww.practicemock.com%2Fs1pricing%2Findex.php%3Fc%3Dibpspoinv23&amp;ref=10397\">Click here for IBPS PO 2023 Interview Course- BUY NOW\ud83d\udc48<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Explore key highlights of Union Budget 2024 in simple terms for your IBPS PO interview. covering economic corridors and inclusive growth.<\/p>\n","protected":false},"author":25,"featured_media":76550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-76548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ibps-po"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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At PracticeMock I am a dedicated Government Job aspirant turned passionate Content writer &amp; Content creator. My blogs are a one-stop destination for accurate and comprehensive information on exams like SSC, Railways, and Other PSU Jobs. I am on a mission to provide you with all the details about these exams you need, conveniently in one place. 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