Economists Advise Union Budget Focus on Savings, Tech, Exports, and Mineral Security
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Economists Advise Union Budget Focus on Savings, Tech, Exports, and Mineral Security

Economists urged Prime Minister Narendra Modi to include tax incentives for household savings and policy support for data centers, AI, and robotics in the upcoming Union Budget. They also emphasized diversifying services exports towards higher-value digital and financial sectors to mitigate global trade risks. Suggestions included better utilization of free trade agreements and developing a strategy to secure critical minerals. Some experts advised resuming fiscal consolidation as private investment grows, while prioritizing key sectors and infrastructure.

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