Massive increase in capex outlay alongside reduced tax liability on personal income tax is a twin approach to boost both infrastructure and consumption spending.
Prime Minister Vajpayee’s government had formed the Ministry of Tribal Affairs and the Department of Development of North-Eastern Region.
A host of measures were announced in the budget for welfare of farmers and in the areas of health, education and skilling.
Big boost to MSME’s with credit guarantee revamp scheme from April 1, 2023
FM has proposed to increase capital expenditure to Rs 10 lakh crore
Nirmala Sitharaman announced 7 priority areas in the first budget under ‘Amrit Kaal’.
Tata Motors and TPG Rise Climate have entered into a binding agreement under which TPG and its co-investor ADQ will invest in a Tata Motors subsidiary.
Recommendation: Add; Target Price: 2530
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