Economists and industry leaders react to Budget 2024 announcements
TECHGIG | February 5, 2024
Pradeepa Kuppusubramanian was quote in TechGig on post-budget reaction. A long-format industry story Pradeepa highlights that the budget's primary emphasis on fiscal consolidation, coupled with a push towards capital expenditure (capex), reflects a prudent and confident government strategy. She highlights that the sustained commitment to high-quality spending, evident in the allocation of 3.4% of GDP for capex is noteworthy. The absence of populist measures in this pre-poll budget further underscores the government's responsible fiscal approach, prioritizing long-term economic stability over short-term gains.
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