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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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News and Media
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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Finance Minister Nirmala Sitharaman's budget speech introduced significant changes in income tax slabs to boost consumption demand. The strategy aims to foster economic growth without compromising fiscal discipline. The focus is on job-intensive growth through MSMEs, although concerns about primary education and disinvestment remain.
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News and Media
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