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8 hours ago · Finance Minister Nirmala Sitharaman is set to present her seventh budget on June 23, the first under 'Modi 3.0'. Goldman Sachs said that it expects the government to increase welfare spending, focusing on the rural economy and job creation. It said, "We see an emphasis on job creation through labour-intensive manufacturing."
The first budget by Prime Minister Narendra Modi's new government may tilt towards, but not pivot to welfare spending, with a focus on rural economy and job creation, economists at Goldman Sachs ...
7 hours ago · The government's strategy to reduce the fiscal deficit below 4.5% by 2025-26 includes maintaining the revised target of 5.1% for 2024-25. Goldman Sachs notes that even if welfare spending increases, the expected higher dividend transfers from the RBI could mitigate the need to cut capital expenditures.
21 hours ago · However, the FBO was found to be operating in the same kitchen to offer online food services in the name of ITC MasterChef, Sunfeast Baked Creations and Aashirwad Soul Creations. “Raw food articles and semi prepared foods stored in steel containers were covered and labeled properly.
14 hours ago · The 2024 Union Budget may tilt towards, but not pivot to welfare spending, with a focus on rural economy and job creation, economists at Goldman Sachs said in a note on Monday. The budget proposal ...
9 hours ago · Anurag Mittal of UTI AMC says, while government welfare spending has increased, the tax burden on individuals compared to corporates needs to be addressed to boost disposable income and consumption.
21 hours ago · Illustration: Dominic Xavier/Rediff.com. Mumbai, Jul 8 (PTI) India's high public debt offers limited fiscal space to undertake welfare measures which can help stimulate the economy, a foreign brokerage said on Monday. In a report that comes weeks ahead of the presentation of the budget, Goldman Sachs said Finance Minister Nirmala Sitharaman may ...
