Budget 2025: Focus to be on capex, fiscal health, says ICRA
- Posted on January 15, 2025
- By Business News Today
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Budget 2025: Focus to be on capex, fiscal health, says ICRA
ICRA stated that the Union Budget 2025-26 will prioritize capital expenditure with a 12-13% increase, while also focusing on fiscal consolidation, job creation, tax relief for individuals, and boosting manufacturing. The fiscal deficit is planned to decrease to 4.5% of GDP by FY26.
