The new finance ministry team, led by Finance and Revenue Secretary Tuhin Kanta Pandey, faces the challenge of balancing fiscal consolidation with middle-class relief in the Union Budget 2024. The budget aims to address concerns raised in the Economic Survey regarding domestic growth and deregulation at state levels. Central government capex has increased by 95% year-on-year in December, highlighting the government’s efforts to spur economic growth.
#unionbudget2025 #fiscalconsolidation #middleclassrelief #itwebvideos #economicgrowth #capexincrease #privateinvestment #manufacturing #rdspending #indiatoday #economicsurvey #indiatoday
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