Fiscal deficit in 2024-25 is estimated to be 5.1 percent of GDP

• The fiscal deficit in 2024-25 is estimated to be 5.1 percent of GDP. This is in adherence to the path of fiscal consolidation to reduce the fiscal deficit below 4.5 percent by 2025-26.
• The States will be encouraged to take up comprehensive development of iconic tourist centres, branding and marketing them at a global scale. A framework for a rating of the centres based on the quality of facilities and services will be established. Long-term interest-free loans will be provided to States for financing such development on a matching basis.
• That in the past ten years, the Government has assisted 25 crore people to come out of multi-dimensional poverty. ‘Direct Benefit Transfer’ of 34 lakh crore rupees into PM-Jan Dhan accounts has led to the savings of 2.7 lakh crore rupees for the Government.
• The PM-SVANidhi scheme has provided credit assistance to 78 lakh street vendors. Narendra Modi government started PM-JANMAN Yojana which reaches out to particularly vulnerable tribal groups, who have remained outside the realm of development so far. PM-Vishwakarma Yojana initiated by the Centre provides end-to-end support to artisans and craftspeople engaged in 18 trades.

Also Read: Persons: Weekly Current Affairs Bitbank (January 8 to 14, 2024): Who has recently been appointed as the CEO of Adani Ports and Special Economic Zone?

                         >> Download Current Affairs PDFs Here

                              Download Sakshi Education Mobile APP

Published date : 02 Feb 2024 01:17PM