IGI Logo

* Fiscal Consolidation seems to be the key priority in the final budget

* Majority of Additional surplus received from RBI is used to reduce fiscal deficit

* Special investment package to Bihar and Andhra Pradesh

* Most of the centrally sponsored scheme allocation remain same as interim Budget

* Allocation for Capital Expenditure also remain same as interim Budget and increased by 17% from last year

* Allocation for Rail, Defense, and Road also remain same as interim budget

* Allocation to PLI scheme also remain same as per interim budget

* Allocation for Subsidies also remain unchanged

* Even allocation for rural development also remain unchanged from interim budget

* Fiscal Deficit further reduced from interim budget of 5.1% to 4.9%

* Accordingly borrowing has come down marginally

Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH000001766