All Set To Boost Household Sentiments

The last budget laid out a framework for a $5 trillion economy by 2024-25.

- Divya Baweja Partner with Deloitte Touche Tohmatsu India LLP

The last budget laid out a framework for a $5 trillion economy by 2024-25, and Budget 2020 builds on this with great acumen. The Economic Survey had spoken about entrepreneurship as a strategy to fuel productivity growth and wealth creation.

The Budget for 2025, presented on Saturday by finance minister Nirmala Sitharaman continues the government's efforts to propel India's economic growth, foster inclusive development and enhance overall welfare of its citizens. In line with the government's commitment to address the woes of the middle class, the Budget has proposed some key reforms which will go a long way in uplifting household sentiments and enhancing spending power of rapidly growing middle-income population.