Budget 2024
India continues on path of fiscal consolidation: FM
Finance Minister Nirmala Sitharaman said in the budget speech that India is on the path to fiscal consolidation. “We continue on the path of fiscal consolidation, as announced in my Budget Speech for 2021-22, to reduce fiscal deficit below 4.5% by 2025-26. The fiscal deficit in 2024-25 is estimated to be 5.1% of GDP, adhering to that path,” FM said. “The gross and net market borrowings through dated securities during 2024-25 are estimated at ₹14.13 and $11.75 lakh crore respectively,” she added.
Also Read
-
Gopi Thotakura makes history as India's first space tourist
-
Rajnish Kumar, Mohandas Pai exit BYJU’s Advisory Council
-
Oftentimes I imagined I would not be able to reach a specific point: 40under40 2024 Shruti Shibulal
-
Was hardest to figure out business model: 40u40 2024 Sanjeev Barnwal of Meesho
-
Demand for e-2-wheelers up, tractors, earth moving equipment to pick up: TCI