Union Budget 2024 | Demand supply dynamics remain very comfortable, says Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank

'The current budget has extended the broad themes from the interim budget focusing on infrastructure, fiscal consolidation, jobs, MSME, rural and agricultural support,' Upasna Bhardwaj said.

A man walks past a Kotak Mahindra Bank branch.

Credit: Reuters Photo

Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024, highlighting the Modi govt 3.0’s priorities across multiple sectors.

The Budget identified the following areas as priorities: productivity and resilience in agriculture, employment & skilling, inclusive human resource development and social justice, manufacturing & services, urban development, energy security, and infrastructure.

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Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, Mumbai said, "The current budget has extended the broad themes from the interim budget focusing on infrastructure, fiscal consolidation, jobs, MSME, rural and agricultural support."

"We expect the bond markets to maintain their euphoria as demand supply dynamics remains very comfortable," she said.

(With Reuters inputs)

Union Budget 2024 LIVE | Making a record for any Finance Minister, Nirmala Sitharaman presented her 7th consecutive Union Budget on July 23, 2024 under the Modi 3.0 government. This Budget brought tax relief for the middle class, while focusing on jobs through skilling, incentivising employers. Track the latest coverage, live news, in-depth opinions, and analysis only on Deccan Herald. Also follow us on WhatsApp, LinkedIn, X, Facebook, YouTube, and Instagram.