The budget prioritizes a major push for physical, digital, and social infrastructure development, potentially including a focus on Digital Public Infrastructure (DPI).
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23/07/2024 2:36 PM
Expect plans to widen and deepen the Goods and Services Tax (GST) base, aiming to boost revenue without significant changes to individual tax brackets.
Look for initiatives to strengthen the financial sector, promoting stability and growth in savings, credit, and investments.
Proactive measures to manage inflation are anticipated, potentially including policies to control rising prices of essential goods and services.
Expect the budget to promote private and public investment in post-harvest activities within the agriculture sector. Initiatives like expanding Nano-DAP application and an "Atmanirbhar Oilseeds Abhiyaan" strategy might be addressed.
Increased allocation for the "PM Matsya Sampada Yojana" is likely, aiming to enhance fish production, double exports, and generate more employment in the fisheries sector.
The budget might propose a comprehensive program for dairy development and formalization of micro food processing enterprises, creating new opportunities for small-scale food producers.
The budget may encourage states to establish iconic tourist centers to attract business and create opportunities for local entrepreneurs.
A new scheme to assist the middle class in purchasing or building their own homes is a potential highlight.
With India successfully hosting G20 meetings across 60 locations, the budget might emphasize the positive impact of showcasing India's diversity to a global audience.