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Meanwhile, the apparel exporters also sought budgetary support for the branding and marketing of made-in-India products.
The central government will allocate higher funds for social sector schemes in the forthcoming interim budget, as increased tax buoyancy may provide it with enough funds.
The upcoming 2024 interim budget statement will not have any major policies and will just be considered a placeholder until the 2024 Lok Sabha polls are conducted and a new government is formed.