
The Times Of India |
Jan 31, 2025 , 22:51:40 IST
Budget 2025 Expectations Highlights: Economic Survey 2024-25 highlights government’s push for rural development
Budget 2025 Expectations 2025 Highlights: Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025 in Parliament today at the start of the Budget session. The Economic Survey projects that Indian economy will grow at 6.3-6.8% in FY 26. The Modi 3.0 government’s Budget 2025 will be presented on February 1, 2025. Ahead of the Union Budget speech, the Economic Survey is tabled in the Parliament, providing a broad direction to the Budget, and a comprehensive summary on the state of the Indian economy.Economic Survey 2024-25 provides an official evaluation of the economy's current performance and highlight national challenges. The Economic Survey is prepared by a team under the Chief Economic Adviser V Anantha Nageswaran. It outlines reform strategies and growth prospects. It presents a comprehensive analysis of various economic sectors and provides forecasts for the upcoming financial year.FM Nirmala Sitharaman’s Budget speech is likely to focus on spurring GDP growth which has slowed down to a multi quarter low. India is still the fastest growing major economy in the world but economists and experts have stressed on the need for stimulus measures to get the Indian economy’s growth back on track. Some experts suggest cutting the income tax slabs and income tax rates, raising standard deduction under the new income tax regime to raise consumption with the help of more disposable income in the hands of the common man, middle class and salaried taxpayers. Track TOI’s Economic Survey 2025 and Budget 2025 expectations live blog for the latest from the Parliament’s Budget session:
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