MAINS VALUE ADDITION PROGRAMME

BY RAJ SIR

BUDGET
2023-24

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)
 BUDGET 2024-25: A COMPREHENSIVE ANALYSIS
SECTOR KEY FACTS SWOT ANALYSIS IMPACT WAY FORWARD
1. AGRICULTURE Key Facts: Review of Strengths: Focus on Increased productivity, Continued R&D, natural
research, 109 new crop sustainability, tech integration, farmer incomes, food farming expansion, supply chain
varieties, natural farming food security. Weaknesses: security, exports. strengthening, DPI development.
push, pulses/oilseeds Implementation challenges,
missions, Digital Public market volatility. Opportunities:
Infrastructure (DPI), shrimp Climate resilience, export growth.
boost, National Cooperation Threats: Climate change, global
Policy. price fluctuations.
2. EMPLOYMENT & Key Facts: ₹2 lakh crore for Strengths: Comprehensive Increased formal jobs, Effective implementation, focus
SKILLING youth, "First Timers" & "Job approach, manufacturing focus. reduced on emerging sectors, industry
Creation" schemes, EPFO Weaknesses: Skill-job mismatch unemployment, skill collaboration.
support, ITI upgrades, loan risk. enhancement.
limit increase. Opportunities: Demographic
dividend, tech adoption.
Threats: Automation, global
competition.
3. INCLUSIVE Key Facts: Saturation Strengths: Universal coverage Improved socio- Continued monitoring, regional
DEVELOPMENT & approach, focus on aim, regional focus. economic conditions, interventions, skill promotion.
SOCIAL JUSTICE SC/ST/women, 'Purvodaya' Weaknesses: Implementation infrastructure boost,
plan, Andhra Pradesh support, gaps, data accuracy. housing reduction.
3 crore PM Awas Yojana Opportunities: Demographic
houses. trends, social upliftment.
Threats: Inequality persistence,
social unrest.
4. MANUFACTURING Key Facts: MSME Credit Strengths: Holistic MSME Increased MSME Streamlining schemes, digital
& SERVICES Guarantee, new credit support, export focus. credit, ease of doing adoption, tech facilitation.
assessment model, stress- Weaknesses: Credit risk, business, export
period support, Mudra informal sector size. opportunities.

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)
 expansion, TReDS Opportunities: Digital
onboarding, SIDBI branches, transformation, global demand.
food labs, e-commerce hubs. Threats: Global competition,
supply chain disruptions.
5. URBAN Key Facts: Cities as Growth Strengths: Planned urbanization, Sustainable urban Effective implementation,
DEVELOPMENT Hubs, brownfield infrastructure focus. growth, improved increased investment, PPP
redevelopment, transit- Weaknesses: Land acquisition living conditions, better promotion.
oriented development, PM issues, funding gaps. services.
Awas Yojana Urban 2.0, Opportunities: Urbanization
infrastructure projects, street trend, private investment.
food hubs. Threats: Slums, environmental
impact.
6. ENERGY Key Facts: Energy transition Strengths: Diversified energy Increased renewables, Clear roadmap, investment in
SECURITY policy, PM Surya Ghar, mix, renewables focus. energy efficiency, infrastructure, R&D promotion.
pumped storage, SMR Weaknesses: Grid constraints, reduced emissions.
research, AUSC plant, technology costs.
emission transition roadmap, Opportunities: Global energy
energy audits. transition, tech advancements.
Threats: Geopolitical risks,
climate change impacts.
7. INFRASTRUCTURE Key Facts: ₹11,11,111 crore Strengths: Massive investment, Improved Efficient implementation, fund
capex, interest-free loans to focus on rural areas. infrastructure, utilization, regulatory
states, private investment Weaknesses: Implementation connectivity, disaster streamlining.
push, PMGSY Phase IV, delays, land acquisition. resilience, economic
flood control, tourism Opportunities: Economic activity.
development. multiplier, job creation.
Threats: Cost overruns,
environmental concerns.
8. INNOVATION, R&D Key Facts: Anusandhan Strengths: Focus on basic Increased R&D Fund allocation efficiency,
National Research Fund, ₹1 research, private sector role. investment, innovation conducive environment, skill
development.

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)
 lakh crore financing pool, Weaknesses: Commercialization boost, space sector
₹1,000 crore space VC fund. challenges, talent retention. growth.
Opportunities: Tech-driven
growth, global collaboration.
Threats: Brain drain, IPR issues.
9. NEXT-GEN Key Facts: Economic Policy Strengths: Comprehensive Enhanced ease of doing Effective implementation,
REFORMS Framework, productivity approach, focus on ease of doing business, Centre-State cooperation, digital
reforms, state collaboration, business. competitiveness, literacy.
Ease of Doing Business 2.0, Weaknesses: Implementation investment, financial
data governance, NPS challenges, state capacity. sector.
Vatsalya. Opportunities: Digital
transformation, global integration.
Threats: Policy resistance, global
economic uncertainty.
FISCAL POLICY Key Facts: ₹48.21 lakh crore Strengths: Fiscal consolidation Controlled government Continued fiscal discipline,
expenditure, 4.9% fiscal path, reduced borrowing needs. spending, reduced increased tax revenue through
deficit, debt reduction targets. Weaknesses: Revenue collection borrowing, potential for better compliance and
challenges, global economic lower interest rates, efficiency, prioritized
risks. improved expenditure on productive assets
Opportunities: Lower interest macroeconomic and social welfare.
rates, macroeconomic stability. stability.
Threats: Inflation, unforeseen
shocks.
10. FINANCIAL Key Facts: GIFT City Strengths: Focus on GIFT City Improved ease of doing GIFT City development,
SECTOR expansion, decriminalization as financial hub, legal reforms. business, increased financial literacy promotion,
of legal provisions, credit Weaknesses: Global economic investor confidence, regulatory strengthening.
enhancement for NBFCs, volatility, debt concerns in faster dispute
threshold increase for NBFCs. Opportunities: Fintech resolution.
compromise settlements, innovation, growing investor
DRTs/DRATs disposal target. base.

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)
 Threats: Cybersecurity risks,
external financial shocks.
11. DIGITAL PUBLIC Key Facts: National Data Strengths: Focus on data-driven Increased transparency, Robust data protection, ethical
INFRASTRUCTURE Governance Policy, governance, AI adoption. improved governance AI use, cyber security measures.
(DPI) centralized portal for Weaknesses: Privacy concerns, efficiency, enhanced
government data, AI-based implementation challenges. citizen services.
language translation platform Opportunities: Improved service
Bhashini, focus on cyber delivery, innovation in
security and digital skilling. governance.
Threats: Data breaches,
misinformation.
12. GREEN GROWTH Key Facts: Green Credit Strengths: Focus on sustainable Reduced pollution, Awareness campaigns,
Programme, PM-PRANAM agriculture, waste management, improved resource incentivizing green practices,
scheme, GOBARdhan coastal conservation. efficiency, climate technology adoption.
scheme, MISHTI scheme, Weaknesses: Initial change mitigation.
Amrit Dharohar scheme, implementation costs, behavioral
Coastal Shipping Bill, vehicle change needed.
replacement scheme. Opportunities: Climate finance,
green jobs creation.
Threats: Climate change
impacts, lack of technological
adoption.
13. GOVERNANCE Key Facts: Jan Vishwas Bill, Strengths: Simplification of Reduced compliance Streamlining processes, capacity
rationalization of criminal laws, focus on dispute resolution. burden, faster justice building, awareness campaigns.
laws, decriminalization of Weaknesses: Implementation delivery, improved land
minor offenses, e-courts delays, bureaucratic hurdles. governance.
mission mode project, Opportunities: Improved ease of
digitization of land records, doing business, reduced litigation.
Vivad se Vishwas 2 scheme. Threats: Corruption, lack of
awareness.

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)
14. TAXATION Key Facts: Tax relief for Strengths: Simplified tax regime, Improved ease of doing Strengthened tax administration,
MSMEs, reduction in focus on MSMEs and startups. business, increased technology adoption, awareness
customs duty on certain Weaknesses: Revenue collection investment, revenue campaigns.
goods, increased threshold for challenges, tax evasion. generation.
presumptive taxation, Opportunities: Increased
simplified tax regime for compliance, widened tax base.
startups, focus on tax Threats: Global tax competition,
administration reforms. economic slowdown.
15. EDUCATION Key Facts: National Digital Strengths: Focus on digital Improved access to Increased investment in
Library for children and learning, teacher development, education, enhanced education infrastructure, teacher
adolescents, teacher training skill-oriented education. learning outcomes, skill training, and EdTech adoption.
focus, PM Schools for Rising Weaknesses: Infrastructure gaps, development.
India (PM SHRI) scheme, learning outcome disparities.
curriculum revision, Opportunities: Demographic
apprenticeship promotion. dividend, technological
advancements.
Threats: Brain drain, skill-job
mismatch.
16. HEALTH Key Facts: Mission to Strengths: Focus on disease Improved healthcare Increased public health
eliminate sickle cell anemia elimination, healthcare workforce access, reduced disease spending, health insurance
by 2047, new nursing expansion, R&D in pharma. burden, healthcare coverage, preventive care focus.
colleges, Pharma Innovation Weaknesses: High out-of-pocket innovation.
and Research scheme, expenditure, uneven healthcare
increased investment in access.
healthcare infrastructure. Opportunities: Growing health
awareness, medical tourism
potential.
Threats: Emergence of new
diseases, rising healthcare costs.

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)
17. TOURISM Key Facts: Focus on Strengths: Diverse tourism Increased tourist Infrastructure development,
promotion of tourism in potential, rich cultural heritage. arrivals, foreign marketing campaigns, skill
border villages, development Weaknesses: Infrastructure gaps, exchange earnings, development in tourism sector.
of tourism infrastructure, safety concerns. employment
Dekho Apna Desh initiative, Opportunities: Growing generation.
capacity building for tourism domestic tourism, experiential
professionals. travel trend.
Threats: Natural disasters,
geopolitical tensions.
18. DEFENCE Key Facts: Increased Strengths: Growing domestic Enhanced defence Increased R&D in defence,
allocation for defence, focus defence industry, technological preparedness, self- streamlined procurement
on indigenization, Make in advancements. reliance in defence processes, private sector
India initiatives, border Weaknesses: Dependence on production, border participation.
infrastructure development, imports for critical equipment, security.
modernization of armed long procurement cycles.
forces. Opportunities: Export potential,
strategic partnerships.
Threats: Regional security
challenges, evolving warfare
technologies.
19. INTERNATIONAL Key Facts: Emphasis on Strengths: Strong diplomatic Enhanced global Strengthening diplomatic ties,
COOPERATION multilateralism, active ties, growing global influence. standing, increased trade negotiations, development
participation in G20, focus on Weaknesses: Trade imbalances, trade and investment, cooperation.
neighborhood first policy, geopolitical challenges. regional stability.
development partnerships Opportunities: Global economic
with African countries, recovery, emerging markets.
promotion of international Threats: Protectionism, trade
trade and investment. disputes.
20. EXTERNAL Key Facts: Emphasis on Strengths: Diversified export Increased exports, Market diversification, trade
SECTOR export promotion, trade basket, competitive service foreign exchange facilitation, investment
agreements with various sector. promotion.

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)
 countries, focus on services Weaknesses: Trade deficit, earnings, economic
exports, initiatives to attract dependence on global demand. growth.
foreign investment. Opportunities: Growing global
trade, e-commerce boom.
Threats: Protectionism, currency
fluctuations.
21. DISINVESTMENT Key Facts: Disinvestment Strengths: Potential to generate Reduced fiscal deficit, Transparent disinvestment
targets for various public revenue, improve efficiency of increased private sector process, strategic investor
sector enterprises (PSEs), PSEs. participation, improved selection, efficient asset
strategic disinvestment in Weaknesses: Political corporate governance. utilization.
some sectors, asset opposition, valuation challenges.
monetization. Opportunities: Investor interest,
market conditions.
Threats: Economic slowdown,
investor sentiment.
22. AGRICULTURE Key Facts: Increased Strengths: Dedicated fund for Improved storage Streamlined project
INFRASTRUCTURE allocation to the AIF, focus agricultural infrastructure, facilities, reduced post- implementation, awareness
FUND (AIF) on post-harvest infrastructure, potential to reduce food wastage. harvest losses, campaigns, incentivizing private
cold storage facilities, Weaknesses: Implementation increased farmer investment.
logistics. challenges, lack of awareness incomes.
among farmers.
Opportunities: Increased private
sector participation, technology
adoption.
Threats: Cost escalation, lack of
adequate infrastructure.
23. MICRO, SMALL & Key Facts: Various schemes Strengths: Large contribution to Increased MSME Access to finance, technology
MEDIUM for MSME promotion, credit GDP and employment, growth, employment adoption, skill development,
ENTERPRISES guarantee schemes, entrepreneurial spirit. generation, economic market linkages.
(MSMEs) technology upgradation, skill Weaknesses: Limited access to resilience.

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)
 development, marketing finance, technology adoption
support. challenges.
Opportunities: E-commerce
growth, government support.
Threats: Competition from large
enterprises, global economic
uncertainties.
24. STARTUPS Key Facts: Startup India Strengths: Innovative ideas, Increased innovation, Easier access to funding,
Seed Fund Scheme (SISFS), potential for high growth. job creation, economic mentorship, market access,
tax incentives, simplified Weaknesses: Funding diversification. regulatory simplification.
regulatory framework, challenges, high failure rate.
incubation and mentoring Opportunities: Growing investor
support. interest, government support.
Threats: Regulatory hurdles,
competition.

Raj Malhotra’s IAS, 20-B, Bada Bazar Marg, Old Rajinder Nagar Market, New Delhi-110060 (Ph - 9814711661)
1st Floor, Dainik Bhaskar Building, Sector 25 D, Chandigarh (Ph - 7087000437)
H.NO. 3, 2nd Floor, Indrapuri Bhanwarkua (Opposite Gurjar Hospital) Indore, Madhya Pradesh (Ph - 78310 78309)