Page 3 - Udget Expectations News Today

Says there is macroeconomic stability and the economy is doing well

In 2023-24, the Reserve Bank of India transferred a surplus of Rs 87,416 crore to the Centre, significantly higher than what the government had expected to receive

The FY25 capex will be 3.4 percent of the GDP. Infra stocks gain as capex outlay increased by 11.1 percent in FY25

Interim Budget 2024: The Gati Shakti initiative launched earlier and the focus on infrastructure and technology announced in todays presentation could potentially spur higher real estate activity in these cities.

Interim Budget 2024: In the vote-on-account budget, Sitharaman announced a series of measures to accomplish a “net zero” emissions target by 2070 in order to steer India towards a “greener future”

The Interim Budget demonstrates the government’s commitment to strengthening infrastructure, pursuing the green transition and laying out a clear roadmap for the future. Its continued fiscal prudence even in an election year suggests a firm resolve for achieving Viksit Bharat by 2047

The governments disinvestment strategy must be calibrated while also focussing on the creation of wealth, Tuhin Kanta Pandey said

Finance Minister Nirmala Sitharaman on February 1 presented the interim budget of 2024 with a fun twist to the finance terms - FDI, GDP and GYAN

Empowering the marginalized sections of society has been a focal point of this Budget. By targeting the upliftment of the poor, women, youth, and farmers, the government is addressing the roots of socio-economic disparities.

Developers say they look forward to the final budget post-elections and remain hopeful that the government will announce more policy initiatives to encourage housing for all further --- both for buyers and promoters.