Modi govt may push big reforms in Budget 2024 to fix a major chink in armour: Economists

BUDGET 2024 NEWS: Despite India’s strong economic growth of 8.2% in FY24 under Narendra Modi government, private consumption lagged at 4%. Experts urge Finance Minister Nirmala Sitharaman to address this in the Union Budget 2024, suggesting measures like tax cuts and boosting rural infrastructure to improve consumer spending and support long-term employment growth.