'Fiscal deficit makes no difference to voters, but it shows our commitment to prudence'
Nirmala Sitharaman in an interview with OPEN Magazine's Rajeev Deshpande and PR Ramesh talks about welfare and growth
budget
February 2024
A Higher Bar In Fiscal Governance
The Interim Budget has raised the bar in fiscal governance with a bundle of promises for the full Budget to take India's economy on a new trajectory.
Interpreting Budget Dynamics
Fortune India formed a panel of the country's leading economists, CEOs, industrialists and experts to understand what the Interim Budget offers.
Interim Budget Promises Viksit Bharat Roadmap
Numbers show fiscal consolidation driven by upbeat tax collections and lower borrowings. Focus on capital expenditure and financial inclusion continues.
Long-term sustainability of 'Lakhpati Didi' a challenge, say experts
There are mixed opinions about the success of the scheme. A senior rural development professional calls it a 'populous measure'.
Interim Budget 2024 Highlights
Finance Minister raises infrastructure outlay for the next fiscal by 11.1%.
Few hits, few misses; here’s what interim budget had in store for EV industry
The budget estimates document shows that the interim budget has provided a capital outlay of ₹3,500 crore under the production-linked incentive (PLI) scheme for automobiles and auto components.
Bond markets rejoice fiscal rectitude at the cost of consumption
One of the immediate impacts of this Budget was on India’s 10 Year Bond Yield which went down by 1.09% as compared to a day ago and stood at 7.066 at the time of writing this article.
Capex hike of 11% looks moderate because of high base: FM
In the interim budget 2024-25, the government has allocated ₹11.11 lakh crore towards capital expenditure, up 11.11% from ₹10 lakh crore allocated in 2023-24.
Bio-energy and bio-manufacturing gets a boost as part of sustainability goals
Sources say now less than 3% of the installed power generation capacity in India comes from biomass power, co-generation and waste-to-energy projects.
