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In February 2024, the Ministry of Finance, Government of India, released the Interim Union Budget 2024–25 outlining revised estimates for 2023–24 and budget estimates for 2024–25. Budget documents are often dense with figures, percentages, and fiscal terminology that can be difficult for ordinary readers to interpret. Presenting key highlights in a simplified fact file and bar chart format helps citizens understand how public money is collected and spent, and how these allocations affect employment, infrastructure, welfare schemes, taxation, and inflation in their daily lives. Brief Blurb The Union Budget determines how the government earns and spends trillions of rupees each year. It influences the prices we pay, the taxes we owe, the quality of public roads and railways, support for farmers, access to healthcare, and employment opportunities. Understanding the major allocations and fiscal priorities of the Interim Budget 2024–25 helps citizens evaluate national priorities and assess how public funds are being directed toward development and welfare. Fact File: Interim Union Budget 2024–25 (Key Highlights) • Total Expenditure (BE 2024–25): ₹47.66 lakh crore • Total Receipts (excluding borrowings): ₹30.80 lakh crore • Fiscal Deficit: 5.1% of GDP (targeted reduction from 5.8% in 2023–24 RE) • Capital Expenditure: ₹11.11 lakh crore (approx. 3.4% of GDP) • Effective Capital Expenditure (including grants for capital creation): _________ ___ ______ ______ ________ ________ __________ __________ _________ _____.
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