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India's 2024 Budget to Address Inflation, Joblessness, and Rural Distress

Modi's third-term fiscal plan aims to boost savings, support small businesses, and alleviate economic disparity.

  • The budget is expected to include tax relief and increased tax exemption limits for home loans.
  • Focus areas include job creation, rural economic support, and boosting middle-class savings.
  • Small businesses seek reduced GST rates to enhance competitiveness and consumer spending.
  • Analysts recommend direct cash transfers and subsidies to relieve rural distress.
  • The budget aims to balance welfare spending with continued infrastructure investments.
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