Budget 2024 tech key highlights: 5 Major announcements by FM Sitharaman

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Key Points

Finance Minister Nirmala Sitharaman unveiled the Interim Budget 2024 in Parliament, opting for a digital approach by presenting it on a tablet enclosed in a red 'bahi khata' adorned with the national emblem..

While industry insiders anticipated significant strides in artificial intelligence, the budget focused on other key tech-related announcements..

Here are the five things to know on the interim tech budget today:..

In a notable move, Sitharaman declared that one crore households would receive up to 300 units of free electricity monthly through rooftop solarization, aligning with Prime Minister Narendra Modi's commitment made during the Ram Mandir consecration ceremony on January 22.The budget allocated a substantial corpus of Rs. 1 lakh Cr. for long-term financing or refinancing options, extending up to 50 years with minimal or zero interest rates..

The government envisions increased adoption of e-buses for public transport, reinforcing its commitment to sustainable mobility.Highlighting the significance of technology for Micro, Small, and Medium Enterprises (MSMEs), Sitharaman emphasized the government's priority in ensuring timely and sufficient financing..