Interim Budget: Plans Afoot on Making India Developed Nation by 2047
Deccan ChronicleNew Delhi: As India has been witnessing robust economic growth, the interim budget of 2024 has set a vision to make India a developed nation by 2047 with several measures, including containing fiscal deficit to manageable levels, momentum to nari shakti, welfare of farmers, empowering youth and poor, boosting agriculture & food, solar & electric vehicles, resilient performance of Indian economy among others. Reacting to the Viksit Bharat initiative, India Inc. is of the view that the interim budget consolidates India’s globally acclaimed economic strategy that preps the economy for the future. “The interim budget, however, consolidates India’s economic strategy prioritising capex-driven growth that boosts demand and improves the competitiveness of the industry. “Programmes with thrust on housing for middle class; additional 2 crore houses under PM Awas Yojana ; a plethora of announcements to boost the rural economy – such as focus on creating post-harvest infrastructure, mission for achieving Atmanirbharta in oilseeds, dairy development, promotion of fishing and aquaculture; creation of an additional 1 lakhpati didis, carry forward India’s new approach to development through inclusion and empowerment,” he said.