The extension of tax benefits ensures that start-ups have the financial impetus to continue their innovative endeavours
The FY25 interim Budget focuses on fiscal consolidation and agriculture, with surprises in net tax revenue and expenditure growth.
Interim Budget reflects the government’s commitment to fiscal prudence, structural reforms and inclusive growth
Will also help to enable more EV charging, create entrepreneurship opportunities for a large number of vendors for supply and installation as well as provide more employment opportunities for the youth with technical skills in manufacturing, installation and maintenance
The Interim Budget delivers a balanced approach, focusing on inclusive growth and adhering to strict fiscal discipline
It takes a decadal view of government finances
While the National Education Policy 2020 seeks to spend 6 per cent of the GDP on education, the Budget has yet to see that allocation level
Not resorting to excessive populism by announcing new social schemes will be taken positively by the markets
Centre adopting value unlocking approach to disinvestments; equally focused on wealth creation as well and created wealth of ₹ 25 lakh crore in PSEs last year
Experts said that most of the ₹82,916 crore of capital expenditure could be in the form of allocation of 4G and 5G spectrum.
Without major handouts, FM Sitharaman turns focus on poor, youth, farmers, and women
An interplay of fiscal and monetary policy would be needed to serve developmental goals
Of the ₹7,500 crore allocation, around ₹411 crore will be under the capital outlay head, while ₹7,089 crore is the proposed revenue outlay for the next fiscal.
Keeps in mind both fiscal and electoral prudence
This will boost investor sentiment, both domestic and foreign, on India’s macro-financial stability
Reaching a real growth of 7 per cent in 2024-25 would require investment support both from the State governments and the private sector
The Budget focusses on leveraging technology as the backbone of transformation
The focus is on frugality after the Covid excess. Robust tax collections have helped government finances
New path. This break from the past by the Finance Minister must be welcomed
Nano-DAP will be expanded in all agro-climatic zones even as debate over Nano-urea rages
According to economists, this was probably the first time when a government in a Budget talked about making the Eastern region a driver of India’s growth in the future
The defence budgetary allocation for FY25 is higher by approximately ₹1 lakh crore (18.35%) over the allocation for FY23 and 4.72% more than allocation of FY24