The Union Finance Minister Nirmala Sitharaman stated, as mentioned in the interim Budget, there is a need to focus on four different categories: the poor, women, youth, and the farmer. For farmers, FM announced higher Minimum Support Prices for all major crops, delivering on the promise of at least a 50 per cent margin over cost. The PM Garib Kalyan Anna Yojana was extended for 5 years, benefiting more than 80 crore people.
Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25, marking the first budget of the Modi 3.0 government.