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Tag: fiscal deficit target

Budget 2024: Nirmala Sitharaman signals shift from earlier trickle-down strategy to a slew of schemes

Posted on July 23, 2024 By admin
Budget 2024: Nirmala Sitharaman signals shift from earlier trickle-down strategy to a slew of schemes

Presenting her seventh Union Budget and the first after this year’s Lok Sabha election, Finance Minister Nirmala Sitharaman on July 23 unveiled a flurry of measures aimed at fixing the woes of unemployed youth, small businesses, and the middle class, and sought to strengthen the ruling NDA coalition’s bonds with support for multiple investment projects…

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A balance between capital outlays and fiscal prudence

Posted on February 1, 2023 By admin
A balance between capital outlays and fiscal prudence

Construction of the Coastal Road Project in Mumbai. | Photo Credit: PTI The Budget comes at a time when the government faces a delicate balancing act between expenditure priorities and the need for fiscal prudence as it is the last full Budget before the general elections. From a macroeconomic standpoint, two areas were of concern:…

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