Budget 2024: A recap of Interim Budget; here’s a look at sector-wise allocations

Budget 2024: A recap of Interim Budget; here’s a look at sector-wise allocations

Budget 2024: On February 1, 2024, Finance Minister Nirmala Sitharaman presented the Interim Budget, outlining a comprehensive financial plan ahead of the general elections 2024. The budget proposed a total expenditure of ₹47.65 trillion for FY 2024-25, marking a 6% increase over the revised estimate for FY 2023-24. The Interim Budget projected total receipts at … Read more

Budget 2024: New checks and balances needed to keep financial systems honest yet innovative

Budget 2024: New checks and balances needed to keep financial systems honest yet innovative

India’s recent record of sustained high growth, sizeable economy, its self-sustaining agriculture, highly distributed production capability, leadership in services and technology and prudent fiscal management have emboldened it to aspire to be a developed nation by 2047, when the country will celebrate its century as an independent nation. Many economists and analysts have worked backwards … Read more