NRI Business Leaders Welcome Interim Indian Budget menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
NRI business leaders welcome interim Indian budget zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Explore the budget presented by Nirmala Sitharaman as BJP plans for their third term in power. Discover the government's focus on long-term measures for India's development and the messages conveyed to the average voter.
The Budget also demonstrates the governments focus on fiscal consolidation, with a reduction in the fiscal deficit to 5.8% for FY24 vs. a budgeted 5.9%, a further reduction to 5.1% for FY25 and aims to reach a target of below 4.5% by FY26. This is a significant move given that the nominal growth for the current year stands at 9% versus the Budget estimate of 10%.