In a response to Budget 2024, Shri Ashishkumar Chauhan, the compassionate face of the National Stock Exchange (NSE), bestows a perfect 10/10 rating. Viewing the budget through a lens of growth, care, and financial foresight, Chauhan expresses genuine admiration for its people-centric approach. For Chauhan, the budget is not just numbers but a narrative of hope, evident in its unwavering commitment to continuity in policies and taxation. His eyes light up as he commends the government’s efforts in capacity building, channeling funds into both hard and soft infrastructure to foster job creation—a beacon of optimism in an uncertain world.
The revised fiscal deficit of 5.8% for FY23-24 brings a smile to Chauhan’s face, an improvement by 10bps from the initial estimate. The reduction to 5.1% for FY24-25 is a testament to fiscal responsibility, a theme that resonates deeply with him. However, what truly tugs at Chauhan’s heartstrings is the budget’s dedication to the underprivileged—poor, farmers, women, and youth. This, coupled with a record-high capex outlay, symbolizes a narrative of care and inclusivity.
Chauhan, in a heartfelt note, appreciates the government’s composition of a social security framework, covering essentials like power, health, housing, cooking gas, and financial inclusion. This budget, for Chauhan, is not just about economic numbers but a story of growth, compassion, and a promising future for all.
