New Investment Strategies Post Budget 2024-25. Exclusive With Piyush Garg, CIO, ICICI Securities
- Updated Jul 25, 2024 7:51 PM IST
Finance Minister Nirmala Sitharaman unveiled the Union Budget for 2024-2025, outlining nine key developmental priorities under the theme 'Viksit Bharat' aimed at propelling India forward. These include enhancing agricultural productivity, boosting employment through skilling initiatives, improving human resources, ensuring social justice, promoting manufacturing and services, advancing urban development, securing energy needs, developing infrastructure, and fostering innovation and next-gen reforms. Prime Minister Narendra Modi praised the budget for its focus on stability and sustainable growth, anticipating it as a catalyst for India’s ascent to becoming the world's third-largest economy. Key highlights include increased standard deductions and revised tax rates for salaried individuals, reduced customs duties on gold, silver, and mobile phones, and maintaining capital expenditure at ₹11.1 lakh crore. Special focus is given to MSMEs and the manufacturing sector, with the Mudra loan limit raised to ₹20 lakh and ₹2.66 lakh crore allocated for rural development. Join Business Today TV Managing Editor Siddharth Zarabi in conversation with Piyush Garg, CIO of ICICI Securities, to discuss where to invest post-budget.
