Interestingly, there is huge excitement and expectation among people and corporate firms with just 8 days left for the Interim Budget of FY 2024–25 presentation in Parliament.
It is known that budget-making is a long process, and it takes several months of planning, consulting, and compiling to create the final draft of the Union Budget document.
The central government will allocate higher funds for social sector schemes in the forthcoming interim budget, as increased tax buoyancy may provide it with enough funds.
In addition to that, Rs 26,067 crores have been provided under Jagananna Amma Vodi, and Rs 14,129 crores have been deposited in women's accounts through YSR Cheyuta.
The upcoming 2024 interim budget statement will not have any major policies and will just be considered a placeholder until the 2024 Lok Sabha polls are conducted and a new government is formed.
Sharmila took the oath as APCC chief at a grand ceremony in Vijayawada today and was also joined by Manikkam Tagore, in charge of Andhra Pradesh affairs at the AICC.