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 "Sitharaman")
Union Finance Minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha, at Parliament House in New Delhi, Thursday, Feb. 1, 2024. (PTI Photo)
She said, “Our government will launch a scheme to help deserving sections of the middle class ‘living in rented houses or slums or chawls and unauthorised colonies’ to buy or build their own houses.”
She also said that India is close to achieving the target of 30 million houses under the rural housing scheme, and 20 million more will be constructed in the next five years.
Also Read: Click here for all updates on Union Budget 2024
Sitharaman, in her pre-election Budget, which is technically a vote on account and popularly termed an interim Budget, said the Centre will also adopt an economic approach that facilitates sustainable development and improves productivity.
She also mentioned rooftop solarisation to ensure 10 million household-free electricity of up to 300 units per month, leading to household savings of Rs 15,000-18,000 annually.
She said to meet investment needs, the government will prepare the financial sector in terms of size, capacity, skills, and regulatory framework. The Centre will facilitate high and more resource-efficient economic growth to ensure energy security for the country.
She added that India, as a G20 host, has shown the way forward and built a consensus for solutions to problems being faced by the world. India organised the G20 summit in New Delhi at Bharat Mandapam last year.
(With agency inputs)
First Published: Feb 01 2024 | 12:19 PM IST
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