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Major surge: 11.1% increase to ₹11,11,111 crore; 3.4% of GDP - FM
short by ReferSMS Partner / on Thursday, 1 February, 2024
Finance Minister unveils the Interim Budget 2024-25, emphasizing an 11.1% increase in Capital Expenditure outlay to ₹11,11,111 crore. Revised Estimates for 2023-24 show robust growth, with revenue receipts exceeding expectations. The Budget Estimates for 2024-25 focus on fiscal consolidation, projecting a fiscal deficit of 5.1% of GDP and reduced market borrowings to bolster private investments.
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