Introduction:

• Mantra for Amrit Kaal & Viksit Bharat @ 2047 is “Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas”.
• Government approach to development is all-round, all-pervasive and all-inclusive (सर्वांगीण, सर्वस्पर्शी और सर्वसमवर्ेर्शी). 
• It covers all castes and people at all levels and working towards ‘Viksit Bharat’ by 2047. For that need to improve people’s capability and empower them.
• Government’s focus is on four major groups which is ‘Garib’ (Poor), ‘Mahilayen’ (Women), ‘Yuva’ (Youth) and ‘Annadata’ (Farmer)

       Key Focus of the Government:

        1. Garib (Poor) Kalyan, Desh ka Kalyan:

• Government has assisted 25 crore people to get freedom from multi-dimensional poverty.
• ‘Direct Benefit Transfer’ of 34 lakh crore from the Government using PM-Jan Dhan accounts has led to savings of 2.7 lakh crore for the Government.
• PM-SVANidhi has provided credit assistance to 78 lakh street vendors. From that total 2.3 lakh have received credit for the third time.

2. Welfare of Farmers (Annadata):

• Under PM-KISAN SAMMAN Yojana, direct financial assistance is provided to 11.8 crore farmers and Crop insurance is given to 4 crore farmers under PM Fasal Bima Yojana
• Electronic National Agriculture Market(E-NAM) has integrated 1361 mandis, and is providing services to 1.8 crore farmers with trading volume of 3 lakh crore.

3. Empowering the Yuva (Youth):

• The Skill India Mission has trained 1.4 crore youth, upskilled and reskilled 54 lakh youth, and established 3000 new ITIs. New institutions of higher learning namely 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS and 390 universities have been set up.
• PM Mudra Yojana has sanctioned 43 crore loans aggregating to 22.5 lakh crore for fostering entrepreneurial aspirations of Youth.

4. Nari (Women) Shakti :

• 30 crore Mudra Yojana loans disbursed to women entrepreneurs and Female enrolment in higher education has gone up by 28% in 10 years.
• In STEM courses, girls and women constitute 43% of enrolment which is one of the highest in the world.

Strategy for ‘Amrit Kaal’:

• India-Middle East-Europe Economic Corridor is a strategic and economic game changer.
• Through rooftop solarization, 1 crore households will be enabled to obtain up to 300 units free electricity every month.
• Government will encourage vaccination for girls in age group of 9 to 14 years for prevention of cervical cancer.
• Saksham Anganwadi and Poshan 2.0 to be expedited for improved nutrition delivery, early childhood care and development.
• U-WIN platform for immunisation efforts of Mission Indradhanush to be rolled out.
• Healthcare cover under Ayushman Bharat scheme to be extended to all ASHA, Angawadi workers and helpers.
• Application of Nano DAP on various crops will be expanded in all agro-climatic zones.
• Government will promote private and public investment in post-harvest activities.
• Atmanirbhar Oilseeds Abhiyaan-Strategy to be formulated to achieve atmanirbharta for oilseeds.
• Comprehensive programme for dairy development to be formulated.
• Implementation of Pradhan Mantri Matsaya Sampada Yojana to be stepped up to enhance aquaculture productivity, double exports and generate more employment opportunities and 5 Integrated Aquaparks to be set up.
• 1 crore women assisted by 83 lakh SHGs to become Lakhpati Didis.
• For tech savvy youth corpus of rupees one 1 lakh crore will be established with 50 years interest free loan and this will provide long-term financing or refinancing with long tenors and low or nil interest rates.
• 3 major economic railway corridor programmes under PM Gati Shakti will be implemented to improve logistics efficiency and reduce cost.
• 40000 normal rail bogies will be converted to the Vande Bharat to enhance safety, convenience and comfort of passengers.
• Government will continue expeditiously Expansion of existing airports and development of new airports under UDAN scheme.
• Promotion of urban transformation by Metro rail and NaMo Bharat.
• Commitment to meet ‘Net Zero’ by 2070 :
  1. Viability gap funding for wind energy
  2. Coal gasification and liquefaction capacity of 100 MT will be set up by 2030
  3. Phased mandatory blending of compressed biogas (CBG),compressed natural gas (CNG) and piped natural gas (PNG)
  4. Financial assistance for procurement of biomass aggregation machinery

• • Strengthening e-vehicle ecosystem by supporting manufacturing and charging and adoption of e-buses for public transport network.
  • For promoting green growth, a new scheme of bio-manufacturing and bio-foundry will be launched which will provide environment friendly alternatives.
  • G20 meetings in 60 places presented diversity of India to global audience
  • States will be encouraged to undertake development of iconic tourist centres to attract business and promote opportunities for local entrepreneurship and also provide Long-term interest free loans to be provided to States to encourage development.
  • Projects for port connectivity, tourism infrastructure, and amenities will be taken up in islands, including Lakshadweep.
  • For encouraging sustained foreign investment, we are negotiating bilateral investment treaties.
  • For realizing the vision of ‘Viksit Bharat’ a provision of seventy-five thousand crore rupees as fifty-year interest free loan is proposed.

Direct taxes & Indirect Taxes:

• In last 10 years direct tax collections have more than trebled and number of return filers swelled to 2.4 times.
• Average processing time of returns reduced from 93 days (2013-14) to 10 days (2023-24), thereby making refunds faster.
• To provide continuity in taxation, Certain tax benefits to Start-ups and investments made by sovereign wealth funds/pension funds, tax exemption of some IFSC units earlier expiring on 31.03.2024 extended up to 31.03.2025
• Withdrawal of outstanding direct tax demands up to ₹ 25,000 pertaining to the period upto financial year 2009-10 & and ₹ 10,000 for financial year 2010-11 to 2014-15. This is expected to benefit approx. 1 crore tax-payers.
• Average monthly Gross GST collections doubled to ₹1.66 lakh crore in FY24.
• Decline in import release time since 2019 by 47% to 71 hours at Inland Container Depots, 28% to 44 hours at Air Cargo complexes and 27% to 85 hours at Sea Ports.
• There is no change in direct and indirect taxes including import duties.