Interim Budget seeks to decouple budget-making from long-term policy goals
Thu, Feb 1, 2024 1:20 PM

Interim Budget seeks to decouple budget-making from long-term policy goals

A Flip by Avya Verma
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Finance Minister Nirmala Sitharaman downplayed the significance of the Interim Budget in December and maintained a similar tone in February. However, her interim budget for 2024-25 stood out for two notable reasons: its focus on capital expenditure and efforts towards decoupling policymaking from annual budget accounting. The budget aims to increase government capital expenditure.

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