Diaspora

India unveils growth-focused union budget with infrastructure push, Fiscal consolidation path, and tax relief measures

KATHMANDU: India’s latest Union Budget lays out an expansionary yet fiscally calibrated roadmap centered on high public capital expenditure, infrastructure modernization, manufacturing competitiveness, employment generation, and macroeconomic stability, while maintaining a glide path toward deficit reduction. The budget speech underscores the government’s strategy of using state-led capex as the...

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