Updated – July 23, 2024 11:50 am IST
Published – July 23, 2024 11:41 am IST
Union Finance Minister Nirmala Sitharaman along with Finance Secretary T V Somanathan displays a red pouch carrying the Budget documents after she arrived at the Parliament to present the Union Budget 2024-25, in New Delhi, on, July 23, 2024.
| Photo Credit: PTI
In her seventh budget speech, Finance Minister Nirmala Sitharaman put forth the introduction of the National Co-operation Policy to bring about โsystematic, orderly and all-round policyโ for developing the co-operative sector. The policy would endeavour to โfast track the growth of the rural economy and generate employment opportunities on a large scaleโ.ย
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Ms Sitharaman informed the house that she has made a provision of Rs 1.54 lakh crore this year for agriculture and allied sectors. In response to a question in the Lok Sabha earlier this year in February, Union Minister for Cooperation Amit Shah had informed 20,638 Agriculture and Allied Cooperative Societies (Non-credit) were operational in addition to 92,516 Primary Agriculture Credit Societies (PACS). ย
Finance Minister Nirmala Sitharaman is presenting her seventh consecutive budget. Prior to Tuesday, Ms Sitharaman has presented six full and one interim budget. ย
