Finance Minister Nirmala Sitharaman presented the Union Budget 2024, on February 1, an interim budget, just ahead of the Lok Sabha elections. The full-fledged budget will be presented by the new government that comes to power after the elections.
India’s capital spending for 2024-25 has been raised 11 per cent to ₹11.11 lakh crore, or 3.4 per cent of GDP. The minister said the tripling of capex in the last four years has resulted in a multiplier effect on economic growth and employment generation.
As per the Interim Budget documents, the Ministry of Communications has been allocated Rs 1.37 lakh crore in FY25.
The Ministry of Communications has been allocated Rs 1.37 lakh crore in FY25.