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Modi Government to Prioritize Job Creation and Inflation Control in Upcoming Budget

New budget aims to address economic slowdown and high living costs, with a focus on welfare and infrastructure investments.

  • 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.
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