
Working to make India a developed nation by 2047: Sitharaman
The Hindu
Budget 2024: The Indian government aims to develop the country by 2047, focusing on social justice and addressing systemic inequalities.
The government is working to make India a developed country by 2047, Finance Minister Nirmala Sitharaman said on February 1.
Presenting the interim Budget 2024-25, Ms. Sitharaman also said minimum support prices for 'Annadata' (farmers) have been increased periodically and appropriately.
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She asserted that for the government, social justice is an effective and necessary model.
The government is focussing on addressing systemic inequalities, she said, adding that the emphasis is on outcomes so that socio-economic transformation is achieved.
"We focus on outcomes and not outlays," Ms. Sitharaman said.
Poor, women, youth and farmers are four castes for the government, she added.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












