Interim Budget 2024 – Key Highlights and Impact on various sector

India’s Finance Minister Nirmala Sitharaman presented the much-anticipated Interim Budget, outlining the government’s spending plans. Overall Focus of the Budget :
• Meeting the needs and aspirations of the poor, women, youth, and farmers
• Making India a “Viksit Bharat” (Developed India) by 2047
• Focusing on “sabka sath, sabka vikas” (inclusive development)
• Prioritising “GDP” – Governance, Development, and Performance
• All-round, all-pervasive, and all-inclusive approach to development

Current Account Deficit & Its Impact on Economy

Current Account Deficit & Its Impact on Economy What is Current Account Deficit? Current Account Deficit (CAD), is a key indicator that reflects the economic strength of a nation. The CAD is the net of foreign exchange inflows and outflows. CAD is one of the key indicators of an economy’s health and measures the difference…