Affordable housing, infra growth likely to be in focus of Budget: Assocham

Greater focus on green mobility, affordable housing, holistic infrastructure development and a big push to manufacturing, along with boosting consumption demand, are expected to find prominence in the forthcoming Union Budget, said an Assocham-Primus paper.

Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday in Parliament.

Highlighting that the first Budget of the Narendra Modi 3.0 government will also include a long-term blueprint for making India a developed nation by 2047, the paper listed areas that would require the government's greater attention and priorities for realising the national goals.

"While the Budget would attend to the immediate requirements of boosting consumption, investment and augmenting the supply side of the economy, it is also expected to lay a roadmap for the bigger goal of scaling up national income to a level of developed nations," said Assocham President Sanjay Nayar.

He further said the government has the fiscal space to spend