Budget 2024: Analysts give a thumbs up to Rs 1 lakh crore innovation fund, increase in capex target. Read on – Zee Biz

Another positive factor is the allocation of one lakh crore for R&D and innovation. Overall, this demonstrates a continued focus on fiscal consolidation and macroeconomic development, Nair added. Focusing on the revised estimate of the fiscal deficit, Murthy Nagarajan, HeadFixed Income at Tata Asset Management, said, the numbers look realistic as the assumptions are realistic.