MODI 3.0 FIRST BUDGET TO BE PRESENTED ON JULY 23rd

 

After the historic 3rd term victory of Modi’s Bhartiya Janta party in the general election of 2024, is all set to present the first budget Modi 3.0 on the 23^rd of July in Lok Sabha. The budget session 2024 to begin from July 22 to August 12 announced by Parliamentary Affairs Minister Kiren Rijiju.

New Modi government’s 1^st Budget to focus on jobs, rural India: Goldman Sachs

WHAT IS GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base, including corporations, financial institutions, governments, and individuals.

WHAT GOLDMAN SACHS PREDICTS ABOUT BUDGET 2024

The first budget presented by new Modi’s government may focus on the rural economy and job creation said economists at Goldman Sachs on Monday. While the government may make an “overarching statement” about long-term economic policy, it is expected to keep fiscal deficit targets the same at 5.1% of GDP, they added. It said, "We see an emphasis on job creation through labor-intensive manufacturing." The job market has experienced ups and downs due to technological advancements and global influences.

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