India’s Interim Budget: stability, housing, and defence in the spotlight
The government demonstrated a commitment to welfare schemes, with increased allocations for major initiatives in FY25. Notable examples include a 43.3% hike for MNREGA (Rs 86,000 crore), a 4.2% increase for Ayushman Bharat-PMJAY (Rs 7,500 crore), and a 33.5% boost for PLI Schemes (Rs 6,200 crore).