GDP

“The Modi government’s focus on domestic capital procurement with an allocation of ₹1.05 lakh Crore is a clear endorsement of Atmanirbhar Bharat and will create significant opportunities for the steel sector, especially specialized steel,…
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“Moreover, the budget’s focus on the MSME sector, with a proposed allocation of over ₹22,000 crore, is a welcome move. This will foster innovation, job creation, and strengthen the economy.” The Union Budget’s substantial allocation of…
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“The focus on facilitating term loans for machinery purchases and financing technology support for MSMEs is commendable, as it will enhance productivity and competitiveness, enabling smaller enterprises to scale up their operations and…
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“The reduction in FY25 fiscal deficit target from 5.1% to 4.9% is macro-positive. The capex outlay kept unchanged as ₹11.1 lakh crore, shows the government’s unwavering focus on investments to drive the economy forward.” The first full…
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“Today’s budget has brought new opportunities, new energy, new employment and self-employment opportunities. It has brought better growth and a bright future. Today’s budget will act as a catalyst in making India the third largest economic…
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Elaborating the features of the Union Budget 2024-25, Nirmala Sitharaman said that this budget focuses on 9 priority areas with potential for transformative changes. The budget also covers some of the previously made announcements with an…
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“The fiscal consolidation path announced by me in 2021 has served our economy very well, and we aim to reach a deficit below 4.5 per cent next year. From 2026-27 onwards, our endeavour will be to keep the fiscal deficit each year such that…
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