Budget 2024 Expectations: Is Modi’s 2024 budget set to usher in a new wave of bank privatisation?

Budget 2024 Privatisation of Banks: The NDA government is expected to continue its privatisation agenda in their third term, aiming to sell public assets to generate revenue. This revenue will be crucial for targeting social sector schemes and ensuring a fiscally prudent Budget 2024. Finance Minister Nirmala Sitharaman had outlined plans to privatise two state-run banks and one insurance company during the 2021-22 Budget presentation.