Union Budget-2023 : A Forwarding Step towards Sustainable Future of India

Abstract

 

Union Budget 2023-24 has provided a blueprint for fuelling India’s aspirations and expectations as the country commences its journey towards sustainable development. It accelerates the government’s efforts for inclusive and sustainable development. With a special focus on dynamic areas such as artificial intelligence and data governance, green hydrogen, sustainable urban infrastructure, and skilling programmes, the government has taken a bold step forward with the 2023-24 union budget moving steadily towards a future of innovative solutions and unlocked potential.Overall, The Union Budget 2023-24 clearly has the visionary roadmap to put India on the path to become a $5 trillion economy. It is built on the vision laid out by the FM in 2019 of inclusive growth, macroeconomic stability and sustainable growth. Financial services features as one of the seven priorities in this Budget. The seven priorities of the budget ‘Saptarishi’ are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector.