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Retaliatory taxes against the US by other nations could lead global trade into uncharted territory.
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The budget focuses on inclusive development driven by consumption, investment, simplification, and innovation. Key measures include increased disposable income, support for agriculture, infrastructure development, reduced regulations, and fostering technology and education. These initiatives aim to propel economic growth and position India for long-term prosperity.
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The budget promotes key sectors including healthcare, R&D, skilling, MSMEs, and startups, laying groundwork for economic growth. Key measures involve exempting customs duty on life-saving drugs, investment in private-sector R&D, and financial support for startups. Concerns arise about healthcare spending targets, yet advancements in insurance and regulatory reforms aim to enhance accessibility and affordability.
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News and Media
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