Nirmala Sitharaman in her Interim Budget 2024 has done a balancing act, and the confidence is quite evident from the governments absistence from presenting a populist budget.
In 2023-24, the Reserve Bank of India transferred a surplus of Rs 87,416 crore to the Centre, significantly higher than what the government had expected to receive
Interim Budget 2024: The Gati Shakti initiative launched earlier and the focus on infrastructure and technology announced in today s presentation could potentially spur higher real estate activity in these cities.
The earlier approach of tackling poverty through entitlements had resulted in very modest outcomes, Finance Minister Nirmala Sitharaman said in her Budget speech. When the poor become empowered partners in the development process, government’s power to assist them also increases manifold, she added.