As Finance Minister Nirmala Sitharaman prepares to present the pre-election Budget, key indicators will be closely monitored. The fiscal deficit target for 2024-25, expected to open government spending in an election year, and realistic disinvestment targets will be scrutinized. Capital expenditure, aimed at infrastructure development, is set at Rs 10 lakh crore for the current fiscal. Tax revenues, projected at Rs 33.61 lakh crore, may surpass estimates due to buoyant GST, income, and corporate tax collections. Borrowing figures, linked to populist measures and growth initiatives, will be observed, along with nominal GDP growth and spending on key schemes and sectors.
Key Numbers to Watch in India’s Pre-Election Budget 2024-25
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