During Budget speech, Finance Minister Nirmala Sitharaman highlighted several significant initiatives and policies. Among the key announcements, she emphasized a fund amounting to Rs 1 lakh crore will be instituted through a 50-year interest-free loan, facilitating extended financial support with prolonged tenures and minimal to no interest rates. Additionally, a groundbreaking technology initiative is set to be introduced, aiming to enhance deep tech capabilities specifically for defense applications. This strategic move underscores the government's commitment to fostering innovation, financial sustainability, and technological advancements in the defense sector.
In a notable step towards sustainable energy, Sitharaman announced an ambitious plan for rooftop solarisation, with the goal of providing 1 crore households with 300 units of free electricity per month. This initiative not only aligns with the government's commitment to clean energy but also aims to alleviate the burden of electricity expenses on households.
Also, Sitharaman underscored the government's overarching focus on a more comprehensive approach to governance, development, and performance, encapsulated by the acronym 'GDP.' This shift signifies a commitment to not only economic growth but also the holistic well-being and development of the nation.
These announcements reflect the government's strategic efforts to address healthcare, energy, and overall governance, demonstrating a multifaceted approach to improving the lives of citizens and fostering sustainable development.