Quote on Budget 2024-25 by Maulesh Desai, Director at CareEdge Rating
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Below the Quote on Budget 2024-25 by Maulesh Desai, Director at CareEdge Ratings
“The Union Budget has maintained the capital expenditure at Rs.11.11 lakh crore, in line with the allocations of the Interim Budget. The provision of interest-free loans amounting to Rs.1.5 lakh crore to states represents a strategic initiative to enhance their capital expenditure. According to CareEdge Ratings, there is an anticipated rise in the participation of the public-private partnership model within the infrastructure ventures. The unveiling of projects such as industrial parks, industrial corridors, and connectivity enhancements across several states is poised to elevate the cost-effectiveness of locally manufactured goods and augment the logistics efficiency. “
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