Finance Minister Nirmala Sitharaman on Wednesday said the Budget for 2023-24 hopes to build on the foundation of the previous budget and blueprint for India @ 100. She is currently presenting her fifth straight budget at a time when the economy is slowing due to global headwinds and specific sectors need attention.
The minister listed seven priorities of Union Budget 2023-24, including infrastructure, green growth, financial sector and youth power.
She will have to do a tight-rope walk between staying fiscally prudent and general public expectations of lower taxes and a wider social security net, while at the same time firing the engines of the economy before general elections.