Union Budget 2023-24: Marching ahead on a sustainable growth path

The biggest push came for the infrastructure sector, with a more than expected - i.e. 33 per cent - hike in capex that should boost private investment and spur employment generation

Finance Minister Nirmala Sitharaman presented her fifth Budget

Finance Minister Nirmala Sitharaman presented her fifth Budget

Vishal Kampani
Continuing on the path of fiscal consolidation, the Budget has proposed effective measures for economic growth with enhanced capital outlay and financial prudence. Honourable Finance Minister Nirmala Sitharaman stuck to a pragmatic stand to keep the fiscal deficit in check at 5.9 per cent of the GDP.

The first Budget of the Amrit Kaal looked modern with a push to urbanisation, promising inclusive growth across the regions of the country and sections of the society, and extending due consideration to agriculture. The Budget promised futuristic measures with ample impetus to Artificial Intelligence, start-ups, skilling programmes, technology, knowledge society, digital payments and new labs for 5G services. While putting the economy on the right track towards India@100, sustainable and green growth

First Published: Feb 01 2023 | 5:54 PM IST

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