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The Union Budget 2024-25 presents comprehensive, outcome-based and sector-specific measures that will accelerate India’s growth trajectory in an inclusive and sustainable manner. Moreover, this has been done with attention to macroeconomic stability and fiscal prudence, adhering to a path of fiscal consolidation, with the fiscal deficit pegged at 4.9% for…

While providing primacy to growth with inclusion, the Budget tempts to infuse a new momentum to the economy and strengthen India’s resilient ecosystem so that the country emerges as a growth engine of the world. An overarching theme An important focus of the Budget is simplification and rationalisation of the…

The Economic Survey 2023-24 estimates that India needs to generate about 78.5 lakh non-farm jobs annually until 2030 to gainfully employ the Indian youth entering the workforce. With proposals to facilitate employment, skilling and other opportunities for 4.1 crore youth over the next five years, the Union Budget 2024-25 will…

The Union Budget 2024-25 exemplifies the unwavering dedication of the finance minister to provide a medium-term vision and an all-encompassing blueprint for a prosperous, environmentally sustainable and technologically advanced India. With an objective of having the nation proceed on the “Amrit Kaal” journey with gusto and join the league of…

Finance and Corporate Affairs Minister Nirmala Sitharaman is poised to set a historical precedent. When she presents the complete Union Budget for 2024-25 on July 23, she will become the first finance minister to present seven consecutive budgets. The Interim Budget of February underscored the government’s commitment towards realising the…

The Union Budget 2024-25 has a special significance. It comes at a time when the Indian economy is in top gear, having clocked a stellar 8.2 per cent growth for 2023-24. The forthcoming Budget should sustain this growth momentum. Being the first Budget of the new government, it should set…

Streamlining regulatory compliances, phasing out cross-subsidisation of power by industry and higher capex by govt will help There is much anticipation that the Finance Minister would unravel a momentous Budget. Expectations are that the Budget would announce bold next-gen reforms which would help realise the ‘dream’ of a resurgent, inclusive…

A fiscally prudent budget is an important aim but the government must create fiscal space for growth-boosting expenditure. Shift in Priorities – a Productive Workforce and Competitiveness of Indian Products & Services Fiscal prudence, along with the implementation of difficult reforms to modernize the economy, has been the hallmark of…

  India stands tall today as the world’s fastest-growing large economy. This has been accompanied by the creation of high-quality employment opportunities, as reflected in the latest Periodic Labour Survey, where positive trends can be observed across many indicators. The worker-population ratio (WPR) for people aged 15 and above increased…

In India’s dynamic startup ecosystem, the journey from 2016 to today has been nothing short of transformative. Since the launch of the Startup India initiative, the number of startups has skyrocketed from 442 in 2016 to 1,20,000+ today. Growth and transformation have been witnessed in the corridors of innovation as…