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Key themes in this interim budget 2024 are probably going to stay the same. According to Alekh Yadav, fiscal consolidation, a focus on capital expenditure, make in India, and enhancing ease of doing business will be important.
India expects its economy to grow around 7% in the next fiscal year, outpacing the global economy. The growth will be supported by stable domestic demand and private investment. Recent events in the Red Sea crisis may impact global trade and supply chains, affecting trade flows, transportation costs, economic output, and inflation worldwide.
Addressing the ‘polycrisis’ faced by today’s world demands acknowledgement that our problems have deep historical roots and have been in the making for over seven decades.
The crucial response must be to reduce fragilities, manage shocks, plan for risks and understand the fundamental drivers
Qatar’s growing heft as a key interlocutor in the Middle East amid geopolitical tensions makes it a significant participant in energy negotiations. India depends heavily on Qatar for natural gas