Shri Ashishkumar Chauhan, the empathetic leader steering the National Stock Exchange (NSE), showers praise on Budget 2024, heralding it as a symphony of hope, care, and financial resilience that transcends numbers, touching lives. Chauhan’s eyes light up as he discusses the government’s commitment to policy and taxation continuity, a lifeline for stability in uncertain times. Awarding a perfect 10/10, he emphasizes the budget’s focus on growth, welfarism, and fiscal restraint—a melody that resonates deeply with the people.
The revised fiscal deficit for FY23-24, at 5.8%, becomes more than a statistic; it symbolizes fiscal responsibility, a promise for a brighter future. The subsequent reduction to 5.1% for FY24-25 speaks volumes about the government’s commitment to financial resilience and economic well-being.
Chauhan, in a heartfelt narrative, applauds the record-high capex outlay of Rs 11.11 lakh crore, a beacon of hope at 3.4% of GDP—the highest in 26 years. His enthusiasm grows as he discusses the strategic allocation towards roads, transport, and railways, envisioning a transformative impact on lives with a 27% CAGR over the last five years. Capital expenditure, comprising 23.3% of total expenditure—the highest in 30 years, becomes a story of progress and inclusivity. Chauhan’s social impact ode concludes with a note on the budget’s social security framework—a tale of power, health, housing, cooking gas, and financial inclusion—a symphony that echoes hope, care, and financial resilience for all.
