Overview

• Prime Minister Modi and Finance Minister Sitharaman seek to boost inclusive growth and reduce poverty.
• Key measures include increasing disposable income, fixing MSPs for farmers, and supporting MSMEs and renewable energy.
• Government plans to balance fiscal deficit with higher spending funded by RBI's $25 billion surplus transfer.
• Analysts expect potential tax cuts and increased subsidies for rural housing and food security.
• Upcoming budget will reflect the political dynamics post-election, with demands from regional allies influencing allocations.