Key Points
Union Budget: India gears up for the upcoming interim budget for fiscal year 2025, anticipated to be unveiled in a month..
Speculations surround Sitharaman's strategies post recent state victories, suggesting a departure from populist measures..
The 2019 interim budget provided tax benefits for lower-middle-income groups, support for farmers, a pension plan for informal sector workers, and incentives for real estate..
Economists have suggested that the Narendra Modi government may not have to chase populist measures in the interim budget, particularly after the Bharatiya Janata Party's thumping victory in recent state elections and opinion poll hinting the return of Modi for a third term...
However, the last interim budget did have a lot to offer to citizens ranging from tax relief for India's lower-middle income group to support scheme for farmers...