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The 2024 Union Budget of India [1] was presented by Finance Minister, Nirmala Sitharaman on 23 July 2024. This was the first budget of Narendra Modi led NDA government 's third term . [ 2 ]
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP) . [ 58 ]
Some semi-economic and non-economic indices have also been proposed to measure poverty in India. For example, in order to determine whether a person is poor, the Multi-dimensional Poverty Index places a 33% weight on the number of years that person spent in school or engaged in education and a 6.25% weight on the financial condition of that person.
The 2024 Indian farmers' protest is the second round of continuous protests and road blockades initiated by farmers in the northern states of Punjab and Haryana on 13 February 2024, primarily located at Punjab's Shambhu border. [13]
The standard of living in India varies from state to state. In 2021, extreme poverty was reduced to 0.8% [1] and India is no longer the nation with the largest population living in poverty. [2] There is significant income inequality within India, as it is simultaneously home to some of the world's richest people. [3]
This is a list of states and union territories of India ranked according to poverty as of 2022 (2021–22) as hosted by NITI Aayog's Sustainable Development Goals dashboard; and Reserve Bank of India's 'Handbook of Statistics on Indian Economy'.
12 June – The Indian external affairs ministry issues a notice urging the Russian Government to quickly return all Indian nationals who are serving in the Russian army after two Indians recruited are killed in the war with Ukraine. [91] 14 June – 2024 Northeast India floods: Heavy rains and landslides kill six people across Sikkim. [92]
2024 in Indian economy (1 C, 3 P) L. 2024 in Indian law (1 C, 2 P) M. ... Pages in category "2024 in India" The following 17 pages are in this category, out of 17 total.