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The Times of India
The Times of India
Business
PTI

Measures announced in Union Budget to promote jobs, spur economic growth: Report

NEW DELHI: The measures like increased capex, boosting the green economy and initiatives for strengthening financial markets announced in the Budget 2023-24 are expected to promote job creation and spur economic growth, the finance ministry said on Thursday.

In its Monthly Economic Review, the ministry said during the December 2022 quarter, various High-Frequency Indicators (HFIs) pointed towards a slowdown in general, as monetary tightening appeared to have started weakening global demand.

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