authors
Dr. Rohit Kumar Rai

abstract
In the first general budget presented by Modi Government 3.0, emphasis has been laid on the roadmap to make India developed by 2047, keeping in mind the goal of employment generation along with capacity building in the economy. On one hand, a provision of Rs 11.11 lakh crore has been made for the infrastructure sector to strengthen the supply side of the economy, while on the other hand, many provisions have been made to encourage the demand side, such as income tax relief and increasing expenditure on socio-economic schemes. Keeping in mind the goal of adequate employment generation along with economic development, a provision of Rs 1.48 lakh crore has been made for education, employment and skill development. Keeping in mind the future needs in the agriculture sector, a provision has been made to achieve self-sufficiency in oilseed production and to connect one crore farmers with natural farming. Taking steps towards social justice and inclusive development, a provision of Rs 3 lakh crore has been made for the development of women and emphasis has been laid on the development of eastern states under the ‘Purvodaya scheme’ for the development of backward areas. Efforts like ‘PM Surya Ghar Yojana’ and 'Bharat Small Modular Reactors' are commendable for making economic development environment friendly and sustainable. In short, Budget: 2024-25 is an important step taken towards rapid, inclusive and sustainable economic development of India.