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 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.
The Indian Medical Association has demanded increased allocation of financial resources in the budget, advocating a tax-based system of health financing, the medical body said in a letter written to Finance Minister Nirmala Sitharaman on Saturday.
The residents of Pakistan-occupied Gilgit-Baltistan (PoGB) have expressed dissatisfaction and anger regarding the recent government budget, complaining that the budgetary allocations are inadequate and ineffective, reported Skardu TV.
This will be first full session of Parliament after the new members took oath in the first session of 18th Lok Sabha held from June 24 to July 2 following results of general elections
As per the official notification, the session will begin with Odisha Governor Raghubar Das' address, which will be followed by a motion of thanks on the governor's address.