Road construction usually sees a drop in an election year as the execution of projects is delayed during the model code of conduct and project awarding is delayed in the financial year before the Lok Sabha elections.
Concerns aired from multiple corners. A section of MSMEs worry that this may impact relations with suppliers and buyers, others say their systems are not ready for this provision.
The overall theme of the Union Budget 2024, despite it being an interim budget was “Its Business as Usual and let us be Prudent, Long term Growth is a given”.
The government’s White paper was too white. It blacked out the many achievements of the UPA government and white-washed the monumental failures of the NDA government (including demonetisation and the destruction of the micro and small sector).