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Budget 2024 Expectations: A Trade-Off Between Fiscal Consolidation And Growth

Budget 2024 Expectations: The budgetary allocation in existing welfare schemes can be augmented with other populist schemes including subsidies, employment, water, and education

Finance Minister Nirmala Sitharaman will present the interim Budget for the financial year 2024-25 on the first of next month. Since this is an interim Budget, the possibility of any radical change in it by the government can be ruled out. In fact, after the general elections of 2024, significant changes can be seen in the full Budget presented by the new government in July. The interim Budget appears to be focused on growth with an increase in capital expenditure in addition to fiscal
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