Finance Minister Smt Nirmala Sitharaman introduced the Interim Budget 2024-25 in Parliament on Thursday, February 1, coinciding with the commencement of the Budget Session. This budget holds significance as it is an interim one, being presented just before the Lok Sabha Elections. The budgetary allocations and policy directions reflect a strategic approach toward fostering growth, social...
Recent successes in state elections, setting a positive backdrop, have now focused attention on India’s upcoming Interim Budget for 2024. Rather than grand populist gestures, there’s an expectation of a shift towards policy continuity and sustainable growth. This blog explores the diverse expectations from Budget 2024, delving into key areas poised to shape the economic...
Bad Banks plan back on the table to tackle NPA’s as covid assistance businesses come to an end, The government is considering the idea of bad banks. A bad bank is an entity that purchases non-performing asset (NPA) from banks at market price, clearing the balance sheet, and improving fundraising capabilities. The government is examining the entity-based model – in which acquiring NPA of the...