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.