Regarding the Union Budget, presented by Finance Minister Nirmala Sitharaman on February 1st, at 11 a.m., there are great hopes that an effective gender-centric approach will be implemented. This is because this is the election year.
In its most basic form, gender budgeting is a technique that focuses on how public resources are gathered and spent to establish equality between men and women.
As Prime Minister Nirmala Sitharaman delivered the Interim Budget 2024, the entire nation will be keeping a close eye on the government’s measures to guarantee that women are treated as equal stakeholders in India’s growth story.
This is what women may anticipate from the budget for the year 2024.
Lakhpati Didi Scheme
FM Sitharaman announced that the government of Prime Minister Narendra Modi will boost the target number of women who will benefit from the Lakhpati Didi Scheme to three crore women.
During the interim budget for the next fiscal year beginning April 1, 2024, Sitharaman stated that 83 lakh Self-Help groups, which are nine crore women, are reshaping the socio-economic landscape of rural areas. These groups have already supported nearly one crore women in becoming Lakhpati didis.