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India’s Preelection Interim Budget Emphasizes Fiscal Prudence
The BGA India Team, led by Managing Director Ratan Shrivastava, wrote an update to clients on the interim budget of Prime Minister Narendra Modi’s government, which is seeking parliamentary approval for expenditures in the first four months of financial year 2024-25. Context The government’s last budget, in the run-up to the general elections to take place between March-May 2024, is being hailed by the corporate sector and markets for shunning populism while sticking to the fiscal consolidation … Continue Reading
