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Budget 2024 | Government will continue on the fiscal consolidation path

We expect FY24 revised deficit to be largely unchanged from budget estimates, but lower nominal GDP may raise the ratio by 8bps to 6 percent. Higher revenues will offset the higher spend on subsidies and NREGA ....

Nirmala Sitharaman , Finance Minister Nirmala Sitharaman , Budget 2024 , Nirmala Sitharaman ,

Prioritising economic growth in election year: Will govt frontload capital expenditure?

In subsequent GDP growth readings, analysts have cited the government’s capex push as one of the main drivers of the country’s economic growth. With this outlook, it is expected that the capex budget will continue with the rising trend this financial year as well. ....

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MC Graphixstory: Capex on rising trend, private sector joins the party

The capital expenditure of the public sector (including Union government capex and CPSE investment) has increased from Rs 5.6 lakh crore in FY15 to Rs 18.6 lakh crore in FY24. ....

Industrial Production , Budget 2024 , Capital Expenditure ,

Budget 2024 | Govt may target 5.3% fiscal deficit for FY25, lower market borrowings

A fiscal deficit of 5.3 percent of GDP in 2024-25 would mean a 60-basis-point reduction in the fiscal deficit from this year s Budget estimate, which economists widely expect the Nirmala Sitharaman-led finance ministry to meet. ....

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No Econ Survey, but Fin Min's review report says FY25 GDP growth may be close to 7%

No Econ Survey, but Fin Min's review report says FY25 GDP growth may be close to 7%
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