Another week commences as the date for the next budget speech looms over India’s financial landscape. The Indian Finance Minister, Nirmala Sitharaman, is all set to deliver the next Union Budget speech for the fiscal year 2025, nabbing significant attention across the country’s economic realm. With the “Halwa” ceremony concluding last week, the preparations for the upcoming speech are staging into place. Although no major announcements are expected due to vote-on-account as of February 1, numerous sectors such as crypto, finance, and agriculture eagerly anticipate considerable changes. Meanwhile, the finance minister also stated that all key announcements are to be made with the conclusion of the general elections in 2024.
10:08:41 AM IST, 29 January 2024
Union Budget 2024 Expectations LIVE: CII Recommends Increased Investments
The Confederation of Indian Industries recently shared its views on the upcoming budget, recommending increased investments and the setting up of a dedicated Ministry of Investments. Furthermore, the firm eyed catapulting foreign investments and the promotion of affordable housing within the nation.
Ahead of the #InterimBudget2024 CII shares recommendations for increasing investments.#CIIRecommends setting up a full-fledged Ministry of Investment.#CII4InterimBudget2024 #Budget2024 @nsitharamanoffc @nsitharaman @FinMinIndia pic.twitter.com/qVYodnXorw
— Confederation of Indian Industry (@FollowCII) January 28, 2024
Source: https://coingape.com/news/liveblog/india-union-budget-2024-crypto-expectations-news-live-fm-nirmala-sitharaman-latest-updates-29-jan-2024