A Moneycontrol poll of economists had shown that the finance minister may target a fiscal deficit of 5.3 percent of the GDP for 2024-25 in its interim budget.
A Moneycontrol poll of 15 economists had also shown the finance ministry may assume a nominal GDP growth of 10.5 percent for 2024-25 in its interim budget calculations.
Enjoy a satirical take on the reactions to the Interim Budget with a team of shady journalists who travelled far and wide to bring you responses to FM Nirmala Sitharaman’s announcements
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