Union Budget 2024: Highlights of the Gender Budget Exceeding ₹3 Lakh Crore

Wednesday, 24 July 2024, 05:13

The Union Budget 2024 has made a significant stride with the Gender Budget surpassing ₹3 lakh crore for the first time. This budget is divided into three categories: Part A, which allocates 100% funding for women, Part B, which includes allocations ranging from 30-99% for women, and a new Part C that accounts for allocations of up to 30% for women. This monumental increase reflects the government's commitment to enhancing gender equality and empowering women through financial support.
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Union Budget 2024: Highlights of the Gender Budget Exceeding ₹3 Lakh Crore

Introduction to the Gender Budget

The Union Budget 2024 has marked a historic moment as the Gender Budget has crossed the ₹3 lakh crore mark for the first time ever. This milestone signifies a shift in policy focus towards greater gender inclusivity.

Breakdown of the Gender Budget

  • Part A: Covers schemes with 100% provision specifically for women.
  • Part B: Includes schemes allocating 30-99% of funds for women.
  • Part C: Newly introduced, includes schemes that have up to 30% funding for women.

Conclusion

The passing of the Gender Budget exceeding ₹3 lakh crore reflects a concrete step towards bridging gender gaps in investment. As the government continues to prioritize women's welfare through targeted schemes, it is essential to monitor the impact of these allocations in the coming years.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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