Indian ExpressDec 20, 2022Budget to set 25-yr template, says FM Nirmala SitharamanFinance minister Nirmala Sitharaman on Friday said the Budget for FY24 will follow the spirit of the earlier ones, in an indication that the government will likely retain its enhanced focus on capital spending as a credible growth lever. Sticking to the main policy plank of the earlier Budgets by the Modi 2.0 government also implies that, the tax rates would remain benign, the fiscal consolidation road map will be diligently followed, and domestic manufacturing will be incentivised.The Budget, the minister said, will also “set the template” for the next 25 years.Read more at Indian Express
Finance minister Nirmala Sitharaman on Friday said the Budget for FY24 will follow the spirit of the earlier ones, in an indication that the government will likely retain its enhanced focus on capital spending as a credible growth lever. Sticking to the main policy plank of the earlier Budgets by the Modi 2.0 government also implies that, the tax rates would remain benign, the fiscal consolidation road map will be diligently followed, and domestic manufacturing will be incentivised.The Budget, the minister said, will also “set the template” for the next 25 years.Read more at Indian Express
