The ‘Bright Star’ 2023 budget of the world’s fifth largest economy reveals people-centric agenda and facilitates sustainable economic development. It is a progressive thought process of new India aiming at artificial intelligence, MSMEs as a growth engine, women empowerment, digitisation, and most importantly, Indian start-ups, the third largest ecosystem globally. The vision of 50 additional airports & aerodromes will expedite the abundance of regional connectivity, including passenger and cargo. In addition, prioritising 100 identified critical transport projects will be a crucial factor for NLP deliverables. The revised slabs in the proposed income tax regime will allow some definite breather for people. However, the budget skipped a discussion on lowering the fuel/LPG prices to reduce overall inflation.
