AMN / WEB DESK
Finance Minister Nirmala Sitharaman is likely to conduct the upcoming pre-budget consultations with industry stakeholders on Thursday, June 20, 2024. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July.
The 2024-25 Budget is likely to lay out Modi 3.0 government’s economic agenda. Sitharaman will have to look at measures to boost growth without hurting inflation and look for resources to meet the coalition government’s compulsion. The economic agenda would include steps to fast-rack reforms to turn India into a $5-trillion economy soon and ‘Viksit Bharat’ by 2047.
The Indian economy is projected to grow 7.2 per cent in the current fiscal on the back of improving rural demand and moderating inflation, as per RBI estimates.