For the past three years, the Union budget has seen a focus on ‘support’ and ‘recovery’ of the Indian economy, which has reaped fruitful outcomes for India Inc.
Even as the Uttar Pradesh government prepares to table its annual budget for 2023-24, a low utilisation of funds earmarked in the state budget for 2022-23 reflects the state of administration and also puts a question mark on development claims.
The government remains focused on its clean energy vision in order to combat climate change and reduce dependency on traditional sources of energy like fossil fuel. Some key announcements in the Union Budget 2023 could further help India achieve its goal of becoming a greener economy.
It was the robustness of the infrastructure sector that helped the Indian economy withstand the peril in the economy brought down by the pandemic. In successive budgets, the infrastructure sector has stayed at the core of policy announcements and fund allocations. Will the government maintain the momentum in Union Budget 2023?
Rising costs of living, falling income and mass layoffs across industries have significantly dented the growth of the aspirational middle class, and threaten to significantly disrupt the growth of the Indian economy in FY24. Here's what the middle class can expect.