đź’¨ Abstract

The Modi government is set to present its first full budget of its third term on February 1, with a focus on fiscal consolidation and growth. The budget is expected to build upon past reforms, including infrastructure expansion and domestic manufacturing, while addressing new economic challenges. Investors are concerned about government capital expenditure, particularly due to a 12% year-on-year decline between April and November 2024.

Courtesy: theprint.in

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