Budget 2024 in five key charts: More spending, debt control

July 24, 2024

Nirmala Sitharaman’s budget focuses on job creation, infrastructure, reducing deficit (4.9% GDP), defense (6.2 trillion rupees), youth reskilling, borrowings, pensions, capital budget, subsidies cuts, education, health, and food pledge. Central bank windfall supports funding. Goal: government debt decline by 2026-27 and making India a developed nation by 2047, under Modi’s coalition.

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