fiscal deficit

Budget 2024: Budget 2024: Govt may go for big hike in PM-Kisan payout and a housing & jobs push

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Budget 2024: Budget 2024: Govt may go for big hike in PM-Kisan payout and a housing & jobs push

New Delhi: Economists expect some significant announcements on February 1 even though it’s an interim budget, since the exercise comes just ahead of the general elections, an ET poll showed. The government will likely increase the amount of money transferred under its flagship direct benefit transfer scheme – Pradhan Mantri Kisan Samman Nidhi or PM-Kisan … Read more

interim budget: Interim budget: Govt likely to give populist spending a pass ahead of general election

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interim budget: Interim budget: Govt likely to give populist spending a pass ahead of general election

New Delhi: The government is likely to stay on the fiscal course-correction glide path in the interim budget for FY25, shunning populist spending or incentives ahead of the summer general election, said people aware of deliberations on the subject. The post-Covid-19 fiscal consolidation roadmap proposed by the government estimates the fiscal deficit at 4.5% of … Read more