Union Budget 2024: Goldman Sachs forecasts 'golden' fiscal future for India

India's FY25 fiscal deficit target is set at 5.1% of GDP, aiming for 4.5% by FY26. Presented by Nirmala Sitharaman on July 23, it stresses job creation, MSME credit, vocational programs, food processing, public debt sustainability, land reform, rural economy, green finance, and political capital. Focus areas include services exports and the domestic food supply chain, according to Goldman Sachs.