Morgan Stanley's Economic Vision For Budget 2024

Upasana Chachra, Chief India Economist at Morgan Stanley, anticipates significant announcements in the February 1st budget, reminiscent of the impactful 2019 interim budget. She emphasizes the government's potential to utilize this platform for continuity in schemes and allocations. Chachra highlights a focus on sustaining growth momentum, particularly in manufacturing, infrastructure investments, capex spending, and bolstering the rural economy with support for rural and salaried income classes.