In her Budget speech for FY23-24, Finance Minister Nirmala Sitharaman increased the capital investment outlay for 2023-24 by 33% to ₹10 lakh crore, which will be 3.3% of the country’s GDP.
These priorities are inclusive development, reaching the last mile, infrastructure and development, green growth, youth power, and the financial sector.
Deloitte says the budget needs to lay emphasis on sustainable growth in demand, which will require efforts to create jobs and increase income generation opportunities.