Union Budget 2023 big picture: Capex push, tax reform

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Union Budget 2023, Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman presented the Union Budget 2023 in Parliament Wednesday. This was her last full-fledged Budget before the 2024 Lok Sabha elections. (Illustration: Mithun Chakraborty)

Union Budget 2023 Explained: Finance Minister Nirmala Sitharaman has stuck to the growth strategy that she first unveiled in 2019: stay on the path of fiscal prudence and incentivise the private sector to invest more in the economy’s productive capacity, writes Udit Misra.

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