Assocham is of the view that by prioritizing these structural reforms in the Union Budget 2024-25, the government will be able to lay the foundation for sustainable and inclusive growth.
Also Read | Budget 2024 income tax expectations: Modi government may lower personal tax rates
The government will inevitably have to cater to a wide range of sectors and industries in its upcoming budget. These reforms become crucial for the government to not only secure support and deliver promises, but also to promote development and ensure equitable upliftment as projections for India to become the third-largest economy in the world by 2027 gain increasing credence by the day.
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