Budget 2024 Expectations LIVE Updates: Housing, IT, Auto, FMCG, agriculture and other sectors share wishlist

livemint.com:

Budget 2024 Expectations LIVE Updates: As anticipation builds for the upcoming Budget 2024 in India, a diverse array of sectors eagerly await FM Nirmala Sitharaman's announcements and fiscal policies that will shape their respective landscapes. From agriculture, infrastructure, and healthcare to education, finance, and manufacturing, each sector carries its own set of expectations for allocations and reforms.

The fiscal agenda, these sectors collectively voice their aspirations for a budget that fosters growth, innovation, and societal well-being.The upcoming interim budget is likely to result in strong growth potential and there are chances of continuation of focus on fiscal consolidation, according to Sonam Srivastava, Founder and Fund Manager at Wright Research.“The upcoming Vote on Account—Interim Budget 2024 is a pivotal event for investors. Key expectations include a continued focus on fiscal consolidation to maintain investor confidence and long-term economic stability.

Support for critical sectors like infrastructure, agriculture, and healthcare is anticipated to boost these areas and create jobs. Additionally, measures to address inflation and rationalise tax policies could stimulate investments and incentivize businesses, setting a positive tone for the year," Srivastava told Mint's Dhanya Nagasundaram.