Investments in Infrastructure and productive capacity have a large multiplier impact on growth and employment. It is expected that the government will allocate more funds for the development and construction of new airports, highways, expressways, smart cities, etc. t. After the subdued period of the pandemic, private investments are growing again. The budget which is set to be presented today by Finance Minister Nirmala Sitharaman is going to be the last budget before the General Elections that is scheduled to take place between April and June this year. However, no such spectacular announcement is likely to be made in this budget. On Wednesday, Prime Minister Narendra Modi said that the full budget will be presented after the formation of the new government. “Usually, when the election time is near, the full budget is not presented, we will also follow the same tradition and bring the full budget before you after the formation of the new government,” PM Modi told reporters outside the Parliament on Wednesday, reports PTI.
