Government likely to stick to fiscal discipline, may bolster NPS
Sunday, 28 January 2024 If there is one word to describe the Budget team, it's stability. Not only has finance minister Nirmala Sitharaman stayed her full term and will present her sixth straight Budget, but there are at least two secretaries who would be there for their fifth Budget - a rarity in bureaucracy.Finance secretary T V Somanathan and department of investment and public asset management (Dipam) secretary Tuhin Kanta Pandey have been part of the Budget team since they took over top positions and could well have two full Budgets to deal with in July and Feb 2025.
Discover why Finance Minister Nirmala Sitharaman has opted out of contesting Lok Sabha elections, citing financial constraints and concerns over winnability criteria. Get the full story behind her decision and its implications.
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Sunday, 28 January 2024
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