(Source: ECI/ABP News/ABP Majha)
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The Indian Union Budget for 2024 is anticipated to focus on several key areas to bolster the country's economic development. The budget will likely prioritize infrastructure projects to stimulate growth and enhance connectivity. Tax reforms could be a significant aspect, potentially introducing new tax structures or modifying existing ones to improve efficiency and compliance. Social welfare programs are expected to receive substantial funding, with emphasis on healthcare, education, and rural development to support inclusive growth. Additionally, defense and security spending will likely be addressed to ensure national safety and readiness. Efforts to manage the national debt and fiscal deficit will be central to maintaining economic stability. Finally, initiatives to generate employment and develop skills will probably be included to address the needs of a growing workforce.