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Microfinance stocks in focus after Sitharaman hikes target for 'Lakhpati Didi' scheme

Budget 2024: "83 lakh self-help groups with 9 crore women are transforming the rural socio-economic landscape with empowerment and self-reliance. They are an inspiration to others. Their achievements will be recognized through honouring them. Buoyed by the success, it has been decided to enhance the target for Lakhpati Didi from 2 crore to 3 crore," Finance Minister Nirmala Sitharaman said. ....

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budget takeaways: Budget 2024 impacts stock market investors in 5 ways if you look beyond Sensex

There were neither any shocks nor pleasant surprises in the interim Budget, with no myopic measures being announced. The government did not bow down to the populist measures in the election year and kept the tax regime unchanged but ensured fiscal prudence. The fiscal deficit is set at 5.1%, significantly lower than expected. ....

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