Key Points
The key highlight of that interim budget was the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) initiative, with an outlay of Rs 75,000 crore..
Though the scheme had been in the works, there was a sense of urgency after the state defeats in November-December 2018..
The neutral nature of the 2024 interim budget reflects a sense of electoral comfort this time around, compared with a tense 2019, when the BJP had lost three crucial state elections Rajasthan, Madhya Pradesh and Chhattisgarh before the Lok Sabha polls that year...
Prime Minister Narendra Modi launched PM-Kisan with much fanfare at the Fertilizer Corporation of India grounds in Gorakhpur, Uttar Pradesh, pressing the button to transfer the first instalment of Rs 2,000 each to 120 million small and marginal farmers...
The government appears to be on a firmer footing compared with 2019 as an incumbent headed for the polls, and is reserving key announcements for the full budget of a possible third term likely in July..
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