While it is expected that the Modi regime 0.2 would be able to rein in its fiscal deficit at Rs 17.87 trillion during its concluding year 2023-24, as pegged in the Budget, it is also likely that the government may find it a bit challenging to contain it at 5.9 per cent of gross domestic product (GDP) due to likely less than projected growth in the size of the economy.

       Among the concluding years of the previous four governments, while the Vajpayee government bettered its Budget Estimates (BE) slightly despite the additional capital expenditure, the United Progressive Alliance (UPA) government,

       Also Read

       Budget 2024: Here are 5 lesser-known facts about the Union Budget of India

       IPL 2024 auction: Full list of released & retained players, remaining purse

       IPL 2024 auction: Full list of released, retained players by Delhi Capitals

       IPL 2024 auction: Full list of released and retained players by KKR

       IPL 2024 auction: Full list of released, retained players by Mumbai Indians

       Focus on infra, agri, education, sports in budget for 2024-25: Soren

       India Inc seeks tax reforms, R&D incentives in upcoming interim Budget: EY

       Interim Budget 2024-25 likely to set nominal GDP growth at 10-10.5%

       Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

       Budget 2024: Bank privatisation plan unlikely before elections, says report