Amid demands of a legal guarantee for minimum support price (MSP) for agriculture produce, a recent research report by State Bank of India, suggests government to devise alternative mechanisms to support farmers in the upcoming union budget.
"A double-engine government has been formed in the state, so we will try our best to live up to the expectations of the people. Good work has been done on the budget. There are big announcements for every section," she said.
Investment banking company Goldman Sachs expects the central government to stick to the announced fiscal deficit target of 5.1 per cent of GDP for 2024-25 in the upcoming Budget to be tabled on July 23 and announce further consolidation to a deficit of below 4.5 per cent in 2025-26.
As Congress leader and LoP Rahul Gandhi is on his visit to Manipur, Bharatiya Janata Party leader Amit Malviya on Monday took a swipe at him and alleged him for indulging in "sick tragedy tourism."
As the central government prepares for the upcoming budget on July 23rd, a research report by the State Bank of India (SBI) highlights crucial areas that need attention to drive sustainable economic growth and development.
The government under Prime Minister Narendra Modi should focus on adherence to fiscal prudence and continue on the fiscal consolidation path, suggested SBI Research ahead of the much-awaited full Budget for 2024-25 to be tabled on July 23 - the first Budget under Modi 3.0.
The Pre-Budget consultations for Union Budget 2024-25 that started from 19th June 2024 onward in the Ministry of Finance and chaired by Union Minister for Finance and Corporate Affairs Nirmala Sitharaman concluded on July 5.