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Sitharaman's budget next month to lay out economic roadmap of Modi 3.0

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Sitharaman's budget next month to lay out economic roadmap of Modi 3.0

Finance Minister Nirmala Sitharaman is expected to outline the Indian government's economic agenda in the upcoming annual budget presentation. With a focus on boosting growth and managing inflation, the agenda includes fast-tracking reforms to turn India into a $5 trillion economy and ensuring fiscal stability. The government aims to address challenges in the agriculture sector, create jobs, sustain capital expenditure, and increase revenue growth. The Reserve Bank of India has projected a 7.2% economic growth rate for the current fiscal year. The Modi government has received positive ratings for its economic policies, but faces challenges in areas such as non-tax revenue, strategic disinvestment, banking sector reforms, and tax rate rationalization for GST. Finance Minister Sitharaman is the first full-time woman finance minister in independent India.

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