UNION BUDGET 2024: EXPECTATIONS AND PROJECTIONS
- Credit Rating Agency in India
- Union Budget
- UNION BUDGET 2024: EXPECTATIONS AND PROJECTIONS
As India prepares for the unveiling of its budget for the fiscal year 2024-25 (on 23rd July 2024), expectations and projections are building up regarding the government’s financial priorities and strategies. The Economic Survey will be published on 22 July 2024. This will be the first budget of the Prime Minister Narendra Modi-led NDA government in its third term.
According to the interim budget announced in Feb’24, the GOI plans to invest over 11 lakh crores in long-term infrastructure projects. Moreover, the Centre plans stricter norms for project execution accountability. Aimed at enhancing accountability, these norms aim to curb cost escalations and ensure efficient project execution.