Finance Minister Nirmala Sitharaman on Tuesday presented a record seventh consecutive Union Budget, highlighting the Modi govt 3.0's plans for the economic development of the country for this financial year.
The Budget identified the following areas as priorities: productivity and resilience in agriculture, employment & skilling, inclusive human resource development and social justice, manufacturing & services, urban development, energy security, and infrastructure.
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As per the government's 'Budget at a Glance' document, expenditure on several 'major items', such as agriculture, commerce, defence, education etc. are listed, with regards to various sectors.
Here, we take a look at the allocation for External Affairs in this year's Budget, and how it compares to allocations since 2019-20:
Like Home Affairs, budgetary allocations for External Affairs has increased steadily over the past years, with minor dips in allocation of funds in 2020-21 and 2022-23, when the government allocated Rs 17,347 crore and and Rs 17,250 crore respectively.
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This year the government has allocated Rs 22,155 crore for External Affairs, a jump of over Rs 4,000 crore from last year's allocation of Rs 18,050 crore.
Union Budget 2024 LIVE | Making a record for any Finance Minister, Nirmala Sitharaman presented her 7th consecutive Union Budget on July 23, 2024 under the Modi 3.0 government. This Budget brought tax relief for the middle class, while focusing on jobs through skilling, incentivising employers. Track the latest coverage, live news, in-depth opinions, and analysis only on Deccan Herald. Also follow us on WhatsApp, LinkedIn, X, Facebook, YouTube, and Instagram.
Published 23 July 2024, 14:23 IST