Budget 2024 for Social Services

What are the top expectations for a Social Services from the upcoming Interim Budget 2024-2025? Whatever the profession you are in financialexpress.com has listed all the benefits for each profile on its dedicated page Who Gets What. Navigate through all the declarations and announcements at a glance from the current and past Union Budgets on this page.

Budget 2024 Announcements for Social Services

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Social Services
  • ‘Housing for all’, ‘har ghar jal’, electricity for all, cooking gas for all, bank accounts and financial services for all
  • Minimum support prices for the produce of ‘Annadata’ are periodically increased
  • ‘Garib’ (Poor), ‘Mahilayen’ (Women), ‘Yuva’ (Youth) and ‘Annadata’ (Farmer) key schemes to address needs, aspirations and welfare
  • Government has assisted 25 crore people to get freedom from multi-dimensional poverty.
  • ‘Direct Benefit Transfer’ of Rs 34 lakh crores PM-Jan Dhan accounts has led to savings of Rs 2.7 lakh crore for the Government.
  • Free ration for 80 crore people
  • Constant hike in MSP for farmers
  • The government has assisted 25 crore people to get freedom from poverty
  • Additional construction of two crore houses as part of the Pradhan Mantri Awas Yojana – Gramin (PMAY-G).

Budget Announcements for Social Services in FY2024

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Social Services
  • Youth to be trained and given courses on the needs of the industry, especially new age courses.
  • Scheme to supply free food grain to all Antyodaya and priority households for the next one year, under PMGKAY

Budget Announcements for Social Services in FY2023

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Social Services
  • 'Har Ghar, Nal Se Jal': Aim to cover 3.8 crore households in 2022-23.
  • PM Awas Yojana: Targeting completion of 80 lakh houses in 2022-23.
  • PM-DevINE: Initiative to fund infrastructure and social development in the Northeast based on regional needs.
  • Aspirational Blocks Programme: Focused on the development of underdeveloped blocks in aspirational districts.
  • Vibrant Villages Programme: Aims to develop villages on the Northern Border that have been left out of development gains.
  • Digital Banking by Post Offices: Plan to bring 100% of post offices onto the core banking system.
  • Digital Payments: Scheduled Commercial Banks to establish 75 Digital Banking Units in 75 districts.

Budget Announcements for Social Services in FY2022

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Social Services
  • One Nation One Ration Card scheme enables beneficiaries to claim rations nationwide, chiefly benefiting migrant workers.
  • Application of minimum wages and ESIC coverage to all worker categories.
  • Reduced employer compliance burden via single registration, licensing, and online returns.
  • Provision of free food grain supply for migrants.
  • Extension of social security benefits to gig and platform workers.

Budget Announcements for Social Services in FY2021

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Social Services
  • Proposed allocation of Rs. 85,000 crore for the welfare of Scheduled Castes and Other Backward Classes in 2020-21.
  • Allocation of Rs. 53,700 crore for the development and welfare of Scheduled Tribes.

Budget Announcements for Social Services in FY2020

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Social Services
  • 'Pradhan Mantri Shram – Yogi Maandhan' is introduced to offer pensionary benefits to a minimum of 10 crore unorganized sector laborers and workers.
  • Budget Estimates for 2019 – 20 allocate Rs. 60,000 crores for MGNREGA and Rs. 19,000 crores for Pradhan Mantri Gram Sadak Yojana (PMGSY).
  • Goal to provide electricity connections to all households by March 2019.
  • A Welfare Development Board will be created under the Ministry of Social Justice to aid De – notified, Nomadic, and Semi – Nomadic communities. Also, a NITI Aayog committee will identify and classify unrecognized communities.
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