Interim budget 2024-25: Important highlights

#1 Target to meet ‘Net zero’ goals by 2070

To reduce natural gas, methanol and ammonia imports, a coal gasification and liquefaction capacity of 100 MT will be established by 2030.

# 2 Move towards sustainable development

Up to one crore households will be provided 300 units of free electricity per month through rooftop solarisation.

#3 Infrastructure boost

Capital expenditure outlay has been increased by 11.1 per cent to Rs 11.11 lakh crore

#4 More housing

Under the Pradhan Mantri Awas Yojna, an additional target of building two crore houses has been set for the next five years.

#5 Focus on women's empowerment

The target of Lakhpati Didi (aimed at financial independence and empowerment of women in Self-Help Groups) has increased from two to three crore.

#6 Tax rates remain unchanged

No new tax proposals were introduced. The old tax rates have been retained too.

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