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Revisiting the macro contours of budget 2024–25

By: Srivastava, D. K.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 59(39), Sep 28, 2024: p.27-31. In: Economic & Political WeeklySummary: Revisiting the macro contours of the Government of India’s 2024–25 budget, it is found that marginal revisions of nominal growth and buoyancy of gross tax revenues would have resulted in an additional fiscal space of more than `1 lakh crore. This could have been allocated for further strengthening the government’s capital spending and increasing disposable incomes in the hands of lower- to middle-income households, thereby increasing the multiplier associated with capital spending. – Reproduced https://www.epw.in/journal/2024/39/budget-2024-25/revisiting-macro-contours-budget-2024-25.html
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Articles Articles Indian Institute of Public Administration
59(39), Sep 28, 2024: p.27-31 Available AR133410

Revisiting the macro contours of the Government of India’s 2024–25 budget, it is found that marginal revisions of nominal growth and buoyancy of gross tax revenues would have resulted in an additional fiscal space of more than `1 lakh crore. This could have been allocated for further strengthening the government’s capital spending and increasing disposable incomes in the hands of lower- to middle-income households, thereby increasing the multiplier associated with capital spending. – Reproduced

https://www.epw.in/journal/2024/39/budget-2024-25/revisiting-macro-contours-budget-2024-25.html

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