Union Budget 2024: Catalysing Sustainable Growth
The Budget 2024 emphasises technology as a crucial driver for national development, signaling a strategic shift towards leveraging digital innovation to address key socio-economic challenges. This blog explores the primary initiatives and their potential impact on India's development trajectory. Investing in Digital Infrastructure One of the most significant highlights of the Budget 2024 is the substantial investment in digital infrastructure. Recognising the foundational role of technology in modern economies, the government has allocated increased funding to enhance internet connectivity, improve digital literacy, and support technological advancements across various sectors. This investment aims to bridge the digital divide, particularly in rural and underserved areas, ensuring that technological benefits are widely distributed. Promoting Startups and Innovation The budget also strongly emphasises fostering a vibrant startup ecosystem and encouraging innovation. Speci...