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2024

Why Nirmala Sitharaman refused to rock the boat this Budget

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Nirmala Sitharaman's budget concentrates on long-term growth via the Amritsar-Gaya Industrial Corridor, 4.9% fiscal deficit target, job creation, and state benefits. With RBI dividend and high taxes aiding skilling, FY22 capital expenditure rose by 42%, FY24 by 35.9%. The fiscal consolidation path remains crucial, aligning economic priorities with fiscal discipline.