In its final budget before the upcoming national elections, the Indian government, led by Prime Minister Narendra Modi, has announced an 11.1% increase in infrastructure spending, taking it to a historic high of Rs 11.1 lakh crore for FY 2024-25. This accounts for 3.4% of the GDP. Finance Minister Nirmala Sitharaman stated that the budget is designed to be fiscally prudent with a focus on infrastructure and long-term reforms to drive growth. The fiscal deficit is projected to be reduced sharply from 5.8% of GDP in the current fiscal year to 5.1% in the next fiscal year.
#India’s government will increase infrastructure spending by 11 percent in the coming financial year and curb its fiscal deficit, the finance minister says in her last #budget speech before #elections. https://t.co/fgtPZwcISu
The Capital Expenditure Outlay for FY 2024-25 is being increased by 11.1% to Rs. 11,11,111 crore. This would be 3.4% of the GDP. #ViksitBharatBudget https://t.co/gf8U77ooWE
Significant Boost to Capital Expenditure; to be increased by 11.1 per cent to ₹ 11,11,111 Crore; amounting to 3.4 % of the GDP Fiscal Deficit in 2023-24 (re) to be 5.8 % of GDP; Estimated to be 5.1 % of GDP in 2024-25 Read More: https://t.co/drCCrCF6Sa #Budget2024… https://t.co/I9KtY4rLp4
India will reduce its budget gap sharply in 2024-25 and focus on infrastructure and long-term reforms to drive growth, Finance Minister Nirmala Sitharaman said as the government presented its last budget before a national election due by May https://t.co/5h4L6ETO0C
India will reduce its budget gap sharply in 2024-25 and focus on infrastructure and long-term reforms to drive growth, Finance Minister Nirmala Sitharaman said as the government presented its last budget before a national election due by May. More here: https://t.co/xSInHP2AVf
#WATCH | On Union Interim Budget 2024-25, PM Narendra Modi says, "In this budget, keeping fiscal deficit under control, capital expenditure has been given a historic high of Rs 11,11,111 Crore. If we speak the languages of the economists, in a manner this is 'sweet spot'. With… https://t.co/kU2mpUrm0i
India’s government will increase infrastructure spending by 11% in coming financial year and curb its fiscal deficit, the finance minister says in her last budget speech before elections https://t.co/jb6miwMTVT
Building on the massive tripling of the infra budget outlay in the past 4 years resulting in a huge multiplier impact on growth and employment, the outlay for the next year is being increased by 11.1% to Rs 11,11,111 crore. This would be 3.4% of our GDP. - FM Smt. @nsitharaman… https://t.co/0Ve4kyg4U8
#Budget2024: Capital Expenditure outlay for next year increased by 11.1% to Rs 11.1 Lakh cr. This would be 3.4% of GDP. #BudgetWithAIR। #Budget2024 । #BudgetSession2024 #ViksitBharatBudget @nsitharamanoffc @FinMinIndia
The outlay for infrastructure has been increased to Rs 11.11 lakh crores in FY25, says FM Sitharaman. https://t.co/DKZkyDY3kS
Indian Prime Minister Narendra Modi's government will present its final budget on Thursday before elections, with plans expected to be fiscally prudent with a focus on infrastructure spending but heavy on political messaging ahead of the national vote https://t.co/hYJLEaB4uY