The Best Of Budget 2024 News

In almost every budget, the finance minister of the day likes to offer a few sops to people who pay income tax. But Sitharaman did not tick this parameter in the latest budget

Its rein-back of the fiscal deficit in a poll year is commendable but we must focus more on human capital.

The government’s aim for a fiscal deficit of 5.1% of GDP in 2024-25 is around 70 basis points lower than the updated estimate for the current year. This puts the goal to reach the 4.5% mark by 2025-26 within striking reach.

Here’s a look into what the BJP-led Union government projected on key budget metrics the previous 10 years, and what it delivered

This year’s interim budget could not have been more different from the 2019-20 interim budget of the previous BJP government, both in terms of the political and economic environment.

The interim budget was shorn of big-ticket pre-election sweeteners of the kind announced in 2019, with the BJP viewing itself as comfortably placed for the upcoming national election

Increased capital expenditure fuels growth in key sectors and fosters Vision 2047 goal as India aims for $5 trillion economy

The government will launch a housing scheme for people living in rented accommodation, slums or unauthorized colonies. The announcement is in line with the government’s ‘Housing for All’ mission

This interim budget has been used not as a tool of populism, but as an instrument to shape public expectations and perceptions about public expenditure policy