Finance Minister Nirmala Sitharaman’s budget speech introduced significant changes in income tax slabs to boost consumption demand. The strategy aims to foster economic growth without compromising fiscal discipline. The focus is on job-intensive growth through MSMEs, although concerns about primary education and disinvestment remain.
View: It’s a budget that drives country forward with a purpose
The budget focuses on inclusive development driven by consumption, investment, simplification, and innovation. Key measures include increased disposable income, support for agriculture, infrastructure development, reduced
February 1, 2025