Decoding the Child Budget
Let us look at the overall picture in the Union Budget 2024-25 as far as children are concerned. The overall allocation for children is ₹1,09,921 crore, which marks a 5.5% increase from the previous year; 77.3% of the child Budget is allocated to education. Union Finance Minister Nirmala Sitharaman’s full Union Budget speech outlined India’s plan to become an economic powerhouse or the vision of a Viksit Bharat by 2047, with a continued focus on the four major categories of the population, i.e., the poor, women, youth, and farmers. There is an emphasis on addressing immediate needs such as employment, skilling, and a focus on micro, small and medium enterprises and the middle class, with a specific focus on thematic domains that include agriculture, urban development and energy security. T...