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Union Budget 2024-25: Analysis and Highlights

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Finance Minister Nirmala Sitharaman presented the Union Budget 2024, focusing on the poor, women, youth, and farmers. The Budget is focused on middle-class, employment, skilling, employment and MSMEs.

In general, the Union Budget (technically called the Annual Financial Statement) lays out an account of the government’s financial health — how much revenue it plans to raise (“total receipts”) through available sources, and how much it will spend (“total expenditure”) on various sectors.Beneath the jungle of jargon, a Budget is essentially an exercise where the government tells the Parliament (and through it, the whole country) about the health of its finances. This means coming clean on three main things: income, expenditure and borrowing.

GS SCORE continues its tradition of delivering a comprehensive summary of the Union Budget. This year, the Summary of Union Budget 2024-2025 aims to equip students with the necessary tools to excel in their preparations. It features:

  • Concise summaries
  • Analysis
  • Important Terminologies
  • Practice questions for both Prelims and Mains examinations

GS SCORE's Summary of Budget 2024 is essential for aspirants aiming to maximize utility and achieve higher scores in the examinations.

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