Table of Contents
Table of Contents
- Impact Of Budget 2024 On Railways
- Namo Trains And Metro Services
- Interests Free Loan For States
- Budget 2024 On Food Subsidy
- Conclusion
Impact Of Budget 2024 On Railways
The plan is to convert 40000 regular bogies into Vande Bharat. If the plan is executed properly, it is going be a substantial leap into passenger safety. Vande Bharat is widely known for its cutting-edge technology and has been praised for superior amenities. So one can expect that the next five years are going to be a good one for people who prefer travelling on trains. This will not only ensure passenger safety but will also reduce travel time, making travel convenient.
Namo Trains And Metro Services
These initiatives are being taken to address the issues related to sustainability and mobility in terms of travelling and to make hassle-free travel for passengers. Besides Vande Bharat and NaMo trains, we can also expect more metro trains in different areas to promote regional connectivity.
Suggested Read: Indian Railways To Introduce 27 AC Local Trains In Maharashtra
Interests Free Loan For States
Due to this, the states can attract international visitors by elevating global offerings. These interest-free loans will help in large-scale projects which will be beneficial for both tourists and the local communities.
The interim Budget 2024 has also allocated resources for the islands of the country including Lakshadweep, which has recently been in the news because of the ongoing row of Lakshadweep vs Maldives.
The government aims to improve the infrastructure, and amenities to unlock the tourism potential of these islands, thereby attracting more tourists both local and international.
Budget 2024 On Food Subsidy
For the financial year 2024-25, the interim budget for the food subsidy has been pegged at Rs. 2.05 lakh crores, which was Rs. 2.12 lakh crores in the ongoing financial year.
Conclusion
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