Union budget 2023: Analysis by Saket Dalmia, President, PHD Chamber of Commerce & Industry

The Union Budget 2023 is presented in the midst of global economic slowdowns. With the highest growth and low inflation versus peers, India stands out as a beacon of hope. According to the experts the budget has achieved a balance between competing aims, including fostering growth while retaining fiscal consolidation, relieving taxpayers while bringing in healthy revenue growth, and favouring investment without discouraging consumption. The budget has concentrated on sustaining India’s rise in the global economic order. Here is the post-budget analysis by Saket Dalmia, President, PHD Chamber of Commerce & Industry.