A five-year roadmap will be visible in the Union Budget 2024 for Prime Minister Narendra Modi’s third term.
The government can take important steps to increase demand in the economy. Emphasis will also be placed on increasing employment.
Efforts will be made to promote the green economy, so that the country can develop.
The standard deduction limit is expected to be increased from Rs 50,000, which will provide relief to the people.
There may be changes in import and export duties to promote the domestic industry. In addition, PLI is expected to be announced for the toy and leather sector.
The Ayushman Bharat scheme will be expanded to include all senior citizens up to the age of 70 years.
A new bullet train corridor is likely to be announced. Apart from this, there is hope of increasing the number of general coaches and non-AC sleeper coaches in the trains.
