The interim Budget proposal projects total expenditure of Rs 47.7 lakh crore against receipt of Rs 30.8 lakh crore for the year 2024-25 or FY25. This implies fiscal deficit of Rs 16.9 lakh crore or 5.1% of projected GDP. Expenditure is projected to increase by 6.2% against 11.6% increase in revenue. Projected increase is almost the […]
