View: Budget gets bigger picture right on walking the fiscal tightrope

The biggest positive in the interim budget was the fiscal discipline displayed by capping the fiscal deficit for 2024-25 at 5.1%. The fact that the government has not curtailed capital expenditure and has, in fact, enhanced it to ₹11.11 lakh crore only builds on the foundation laid in the previous years and takes it forward. This is a budget that seeks to balance growth with fiscal prudence.
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