What will the FY27 Union Budget focus on regarding forex?

The FY27 Union Budget is expected to address forex inflows and capital outflows through various measures.

What reforms are planned in the power and financial sectors?

The budget is anticipated to include reforms in the power and financial sectors, potentially involving customs duty cuts.

How will the budget support MSMEs and youth employment?

Structural reforms aimed at supporting MSMEs and promoting youth employment are expected in the upcoming budget.

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Budget 2027: Forex Flows & Sector Reforms Ahead

29 Jan

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Summary

Budget 2027 to address forex inflows and outflows.
Customs duty cuts planned for financial sector reforms.
Focus on MSMEs and youth employment through reforms.

Budget 2027: Forex Flows & Sector Reforms Ahead

Finance Minister Nirmala Sitharaman's Union Budget for fiscal year 2027 is anticipated to strategically manage foreign exchange dynamics. Measures will likely include customs duty reductions and significant reforms within the power and financial sectors to address capital inflows and outflows.

The government is navigating a path that balances fiscal responsibility with the imperative for economic growth and enhanced global competitiveness. This budget is also expected to introduce structural reforms designed to bolster support for Micro, Small, and Medium Enterprises (MSMEs) and foster youth employment opportunities.

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