Keeping in mind infrastructure spending and fiscal disciple as the highest budget priorities, the Indian government will be borrowing a record 16 trillion rupees in the financial year ending March 2024, said a Reuters poll of economists.
The life insurance industry also saw a shift towards launch of guaranteed returns traditional policies due to higher government securities (G-sec) rates prevalent currently
Union Budget 2023 India: Check out latest news and updates on budget 2023, know budget announcements, budget impact on share market, income tax slab by Finance Minister Nirmala Sitharaman at Business Today