Budget 2025: A Growth-Oriented Strategy for a Trust-Centered Ecosystem

In a recent commentary, Ajay Piramal highlights India’s evolution from a fragile economy to a potential global powerhouse amid ongoing global economic challenges. He commends the government’s latest budget for striking a balance between reforms and fiscal responsibility, designed to benefit a wide range of economic stakeholders, from farmers to urban consumers and industrialists. Key budget highlights include income tax adjustments aimed at boosting consumer spending, measures for improving the ease of doing business, and increased foreign direct investment (FDI) limits in the insurance sector to enhance competition and practices. Piramal expresses optimism that these initiatives will revitalize India’s economy and contribute to achieving the government’s goal of “Insurance for All” by 2047, positioning the country for sustained growth.

Budget 2025: A Growth-Oriented Strategy for a Trust-Centered Ecosystem

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