Morgan Stanley expects Budget 2024 to focus on road map for ‘Viksit Bharat’

Global brokerage firm Morgan Stanley expects Finance Minister Nirmala Sitharaman’s upcoming Budget to focus on the government’s road map for ‘Viksit Bharat’ by 2047 and spell out the medium-term plan for fiscal consolidation. “With fiscal prudence guiding the overall fiscal policy stance, we expect the focus to remain on capex expenditure over revenue expenditure and … Read more