Budget 2024: Focus on employment, infrastructure, and economic stability, say Experts
The Union Budget 2024 focuses on agricultural productivity, MSME support, capex investments, and skilling to address unemployment. However, experts noted some areas were overlooked: the unchanged nominal GDP at 10.5% seemed conservative, education and health were underfunded, there was a need for a more aggressive approach to Ease of Doing Business, and MNCs’ desire for tax certainty and provisions addressing tax litigation were unmet.
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