The Modi govt is prepared to present its 2nd interim budget today.

FM Nirmala Sitharaman, who has presented the budget for the past five years, will seek Parliament’s approval for the government’s expenditure for the first four months of this fiscal year.

Before the FM presents the vote on account, here is a quick look at the credit flow numbers for the last 9 months (Apr—Dec2023).

At ₹22.8 Tn, in the first 9 months of this fiscal year, credit flow is a 1.6x, compared to ₹14.1 Tn for the same period, previous fiscal. Credit flow growth across sectors, such Agri (1.5x), MSME (1.7x), Infra (6.2x) and Services (1.4x), over previous period, is outstanding! Rural credit is booming, which discredits all talk of a rural distress.

With such credit flow numbers, 7% plus growth looks like the new normal in FY2024 and beyond.

The Russian Embassy in South Africa posts a current meme

Check out this UN-RWA 😁

People of Banaras

Har Har Mahadev 🙏

https://twitter.com/MeghUpdates/status/1752891018457010339

FM holding the INTERIM BUDGET 2024

Beyond Barriers !!!

CABINET MEETING ENDS.
UNION INTERIM BUDGET APPROVED

Next FM NIRMALA SITARAMAN to PRESENT THE BUDGET IN PARLIAMENT

Over the past three years (FY22-FY24), the Modi govt has allocated a significant sum of Rs 23 lakh crore in its infra push.

In 2023-24, the capital spending to GDP ratio nearly doubled from 1.6% in 2018-19 to 3.2%.

STOCK MARKETS GO GREEN !!!

NIFTY - 21780 — BSE - 71960

Agriculture Globalist Mr Tikait.

- "Europe meh ho rahe Farmer Protests ke liye PM Modi ke Farm Laws zimmedar hai"

FM BUDGET ADDRESS BEGINS !!!