Budget 2024: Analysing the impact of previous budgetary allocations on overall consumer business

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Budget 2024: Analysing the impact of previous budgetary allocations on overall consumer business - Economic Times

Quick Summary:

The budget allocation for the current year is expected to closely align with previous trends, highlighting stability in the government's policy making.

Continued capital spending on improving infrastructure and manufacturing will reinforce the 'Made in India' initiative and advance the objective of 'Atma-Nirbhar Bharat.

Under the PLI Scheme for Food Processing, the sourcing of raw materials from India has increased significantly, contributing to higher incomes for Indian farmers and MSMEs.