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Finance Minister Nirmala Sitharaman will present her last Union Budget on 1 February 2023 before the general elections due in 2024. This budget 2023 is being presented as a gap budget, it is the first budget after the pandemic and also the last full year. Budget ahead of Lok Sabha elections While tax collections have been strong this fiscal year to reduce revenue and projections, in its announcements in the upcoming budget, the global economic slowdown, in its announcements, is expected to be significant for the Indian economy due to the emergence of fears of a global recession. Challenges also have to be kept in mind. , and geopolitical concerns such as the Russia–Ukraine crisis.
Experts expect infra spending to be higher, budgeted to increase disposable income of middle-class households, and should list key priorities for the government in the coming budget. power and National Infrastructure Pipeline (NIP) target and National Infrastructure Pipeline (NIP) target. Nirmala Sitharaman’s last full budget before elections may also be dedicated
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