Budget 2024: Central Expenditure Growth Highest In Past 3 Fiscals
Total expenses exceed ₹45 lakh crore, more than double of FY18
Total expenses exceed ₹45 lakh crore, more than double of FY18
In FY23, the expenditure on schemes is projected to increase by ₹13,437 crore as compared to revised estimates of FY22.
Private investment is still weak and states are likely to spend more on healthcare than infrastructure, which leaves the ball in Centre's court.
On the private investment front, Gupta said that there is no dearth of capital in India for a good project backed by a good promoter.
Sinha believes the budget will focus on three priorities – public health delivery, support to vulnerable populations, and public investment.