Budget Quote : Sachin Bajaj, Head-Investments, Max Life Insurance

 

The interim budget promises continuation of the government’s policies and priorities of reforms and overall development. The government has managed to maintain a healthy balance between providing resources for growth while adhering to the path of fiscal consolidation. The fiscal deficit is pegged at 5.1% against 5.8% for FY24RE and is expected to further consolidate to the government’s long-term target of 4.5% by FY26. The focus of the budget remains on infrastructure/capex growth and innovation while remaining prudent on the fiscal front.

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1 COMMENT

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