According to a text sentiment analysis, nearly 36.5 per cent of the lines in Finance Minister Nirmala Sitharaman’s Interim Budget 2024 speech displayed positive sentiments.
Any government would increase the emphasis on social welfare schemes. The votes lie disproportionately in rural areas but the income is disproportionately concentrated in urban areas.
The revised budget estimate for the Union health ministry for 2023-24 is 9.6% lower than the original estimate, reflecting how funds for several schemes were underused by states.
Capital expenditure for next FY is achievable but could be challenging given this year's under-achievement. Moreover, rise of interest payments doesn't bode well for quality of expenditure.
Nirmala Sitharaman’s speech outlined the success of the Modi government & reiterated its focus on four ‘castes’: women, poor, farmers and youth. But there were no big announcements.
The Interim Budget 2024 provides guidance for formulating policies to foster and sustain growth, facilitate inclusive and sustainable development, improve productivity, and generate resources to power investments.
The Interim Budget 2024 offers a neat milestone to compare economic, taxation, and expenditure philosophies of Manmohan Singh and Narendra Modi’s ten-year tenures.
That giveaways under PM Kisan weren't doubled tells us BJP is confident of winning, thinks things like infra will work instead & isn’t willing to suspend fiscal caution in an election year.
Mineral security is no longer just an economic concern but a national security imperative, underpinning the country’s ambitions in clean energy, defence self-reliance, and advanced manufacturing.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
COMMENTS