Government

India's Finance Minister Nirmala Sitharaman Unveils Budget 2024 Priorities Aimed at 'Viksit Bharat 2047'

Published July 24, 2024

In an effort to align with the ambitious 'Viksit Bharat 2047' vision, which translates to 'Developed India 2047', Finance Minister Nirmala Sitharaman has presented the Budget for 2024, highlighting nine pivotal areas of focus. These priorities are integral to India's strategic planning to transform into a developed nation over the next 25 years. This sweeping financial roadmap seeks to augment economic growth, enhance social welfare, and bolster the country's global competitiveness.

Economic Revitalization through Strategic Priorities

The nine objectives outlined in Budget 2024 serve as a framework for economic revitalization and progressive policy-making. These objectives encompass a comprehensive strategy that addresses infrastructure enhancement, healthcare advances, inclusive development, energy and climate change commitments, as well as technological innovation. Sitharaman's budget underpins these initiatives with substantial fiscal allocations aimed at achieving a robust and equitable economy.

The Global Technology Landscape and GOOG

One of the significant forces shaping the global economy is the technology sector. Within this arena, Alphabet Inc. GOOG, the parent company of Google and a range of former Google subsidiaries, stands out as an innovation leader. Alphabet, founded in the wake of a restructuring on October 2, 2015, is headquartered in Mountain View, California. Under the leadership of its co-founders, who remain influential as controlling shareholders, board members, and employees, Alphabet has asserted itself as one of the world's most valuable companies. This achievement is noteworthy in light of India's vision, as the country seeks to foster a similar spirit of technological advancement and corporate growth domestically.

Budget, India, Economy