Union Budget 2024: Fiscally prudent, inclusive, and growth-oriented

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Union Budget 2024: Fiscally prudent, inclusive, and growth-oriented - Business Standard

Quick Summary:

In a volatile and uncertain global macro environment, it is reassuring to see that the government is targeting a tighter fiscal deficit of 4.9 per cent in FY25 and aims to further reduce it to 4.5 per cent in FY26.

The MSME sector is the backbone of our economy, and I truly believe that for India to achieve its dream of becoming a US$5 trillion economy, this sector needs to be well supported.

The Budget is a fiscally prudent, inclusive, growth-oriented one, focused on creating jobs, empowering women, and supporting manufacturing and farm sectors.