Understanding India's 2024 Union Budget: Highlights and Implications

Monday, 22 July 2024, 06:38

In the live updates from Budget 2024, Finance Minister Nirmala Sitharaman emphasizes the government's commitment to *fiscal consolidation* while managing the *fiscal deficit*. The Modi 3.0 government plans to continue its focus on *capital expenditure*, particularly in *infrastructure development*. These strategies aim to bolster economic growth and improve national infrastructure, ensuring that both financial stability and development priorities are met.
Indiatoday
Understanding India's 2024 Union Budget: Highlights and Implications

2024 Union Budget Overview

In the live updates from Budget 2024, Finance Minister Nirmala Sitharaman is expected to stick to the fiscal consolidation strategy to effectively manage India’s fiscal deficit.

Key Focus Areas

  • Fiscal Consolidation: The government's commitment to reducing the budget deficit.
  • Capital Expenditure Drive: Continuation of investments in infrastructure development.

Conclusion

With a strong focus on *infrastructure* and fiscal responsibility, the 2024 Union Budget seeks to enhance economic growth while ensuring financial stability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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