Union Budget 2023: Govt Targets FY24 Fiscal Deficit At 5.9%, Focuses On Expanding Capex | CNBC-TV18

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India’s fiscal deficit for the ongoing financial year was in line with the government's budget estimates. The government will target a fiscal deficit of 5.9% for FY24, Finance Minister Nirmala Sitharaman announced in her Budget 2023 speech. The country’s fiscal deficit settled at 6.4% in FY23, which is the same as the budget estimate.

Also the Union Budget 2023, focus on expanding capex.

Vetri Subramaniam, Chief Investment Officer at UTI AMC and Neelkanth Mishra, Managing Director, India Strategist & Co-Head of Equity Strategy, Asia Pacific at Credit Suisse, decode key highlights of the Union Budget 2023. Listen in.

#unionbudget2023 #BudgetWithCNBCTV18 #ResilienceToResurgence #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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