Trupti Agrawal of WhiteOak Capital shares her views on the expectations from interim Budget 2024, India’s macro-economic environment, sectors that are likely to get a boost this year, and the need to overlook short-term market movement.
Given the impending Lok Sabha elections projected for April to May 2024, the budget is likely to refrain from major declarations. The detailed budget unveiling will take place post elections and the formation of a new government. Here s a look at key sectors that will be in focus this year.
The ministry s estimates indicate a need for ₹ 14,212 crore in VGF to set up 3 GW of offshore wind energy capacity, along with an additional ₹ 13,500 crore for transmission and power evacuation infrastructure