Union Budget 2023: A balanced approach towards harnessing growth with fiscal prudence

Union Budget 2023: A balanced approach towards harnessing growth with fiscal prudence


Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 on the second day of the Budget Session of Parliament

Synopsis

The Union Budget has rightly addressed every section of the society while boosting sentiments of the middle class by lowering personal-tax rates under the new regime. Despite a strong focus on agriculture, infra, tech and rural development, the government is strictly adhering to the fiscal glide path. Is India heading towards sustainable growth?

The Union Budget 2023 has the objective of supporting the economy’s feel-good factor amidst global headwinds. It has presented a vision for Amrit Kaal – a blueprint for an empowered and inclusive economy with a focus on creating opportunities for citizens especially youth, a strong impetus to growth and job creation and strengthening macro-economic stability. As a balancing act, the Budget has rightly addressed every section of the society while

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Author: Shirley