Union Budget 2024: Uttarakhand to get assistance for losses caused by cloudburst and landslides

Union Budget 2024: Uttarakhand to get assistance for losses caused by cloudburst and landslides

Dehradun: Union finance minister Nirmala Sitaraman presented her 7th budget for 2024-25 on Tuesday. Announcing the help for Uttarakhand in case of losses caused by cloudburst and landslide, the finance minister tried to address a significant problem in this Himalayan state. According to the information available on the website of Uttarakhand State Disaster Management Authority (USDMA), extreme rainfall events as cloudbursts are a dominant phenomenon that trigger large scale mass movement and flash floods in the Himalayan region.

Cloudburst and landslides cause loss of life and property

The natural calamities like Cloudburst and landslides are natural and common phenomena in the Himalaya, especially in Garhwal and Kumaon region of Uttarakhand. Additionally, cloudburst and associated disasters affect thousands of people every year and cause loss of life, property, livelihood, infrastructure and environment. While presenting the budget, Finance Minister Nirmala Sitharaman said that the government will provide assistance for the losses caused by cloudburst and landslides in Uttarakhand.

केंद्रीय बजट 2024-25 में मुद्रा लोन की सीमा को ₹10 लाख से बढ़ा कर ₹20 लाख किया जाना ऐतिहासिक निर्णय है। इसके माध्यम से देश के गैर-कॉर्पोरेट, गैर-कृषि लघु/सूक्ष्म उद्यम और अधिक सशक्त होंगे।

निश्चित तौर पर इन क्षेत्रों के मजबूत होने से देश की आर्थिकी सशक्त होगी। मुझे विश्वास है… pic.twitter.com/dKEl0d1ZZT

— Pushkar Singh Dhami (@pushkardhami) July 23, 2024

Big announcement for farmers, women and youth

In this union budget, schemes worth Rs three lakh crores have been announced for the women and the girls, focussing on areas of employment, skilling and MSMEs. This budget also laid emphasis on education and job creation and skilling which sends a good message to youth. The welfare schemes to increase the income of Farmers by enhancing the production of agricultural produce are also the highlights of this budget which is going to help the farmers in Uttarakhand. Prime Minister Narendra Modi himself said that the Union Budget is an important budget of Amrit Kaal. Along with setting our direction for the next five years, it will lay the foundation of a developed India by 2047.

Increased limit of Mudra loan will boost up the economy

While giving his reaction on his social media account ‘X’, Uttarakhand Pushkar Singh Dhami said that increasing the limit of Mudra loan from 10 lakh to 20 lakh in the Union Budget 2024-25 is a historic decision. Through this, the non-corporate, non-agricultural small / micro enterprises of the country will be further empowered. Certainly, the strengthening of these sectors will strengthen the country’s economy.

यशस्वी प्रधानमंत्री श्री @narendramodi जी के कुशल नेतृत्व में केंद्रीय वित्त मंत्री श्रीमती @nsitharaman जी ने देश के विकास को प्राथमिकता में रखते हुए चतुर्दिक समृद्धि और विकसित भारत का सशक्त पथ सुनिश्चित करने वाला बजट पेश किया है।

भारत के सम्रग विकास को सुनिश्चित करने वाला यह…

— Pushkar Singh Dhami (@pushkardhami) July 23, 2024

Ensures all-round prosperity and a strong path to developed India

Dhami also said in his post, “This all-inclusive budget ensuring the overall development of India will be very helpful in fulfilling the interests of the youth, farmers, women, students as well as all sections, as well as giving meaning to the vision of the respected Prime Minister of developed India @ 2047. The coming 5 years under the strong leadership of the Honourable Prime Minister will give new impetus to the development of the nation. These are golden moments to realize the dream of developed India and through these, the aspirations of all Indians will be fulfilled. I have full faith that this budget will create new steps in the history of social, economic and cultural development of the nation.”

 Apart from announcement of welfare schemes and supportive measures for growth in various sectors, the union budget 2024 ensures help for the Himalayan state to deal with natural calamities like cloudburst and landslides. Uttarakhand has already been grappling with disasters and this will certainly help the state to mitigate such calamities.  Business Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today