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Research Macroscope INTERIM BUDGET FY 2024-25


Written by - Fisdom Research

February 2, 2024 1 minute

A Snapshot: Government Finances

Source: Budget documents, ministry of finance. Data as of 01st Feb 2024

The Surprising Deficit Turnaround

The decline in revenue expenditure to capital expenditure ratio signifies an improved spending mix.

Source: Budget documents, Fisdom Research

Sectoral Outlay

In the face of economic challenges, rural allocation rises. Railway and defence sectors maintain the prime focus.

Source: Budget documents, Fisdom Research

Prudent Projections: Tax Revenues

Direct tax collections surpassing indirect tax revenue

Source: Budget documents, Fisdom Research

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