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Union Budget 2025-26
The stage for the Union Budget 2025 was aptly set by the Economic Survey which highlighted the need to calibrate employment in the face of the growing influence of AI, focus on domestic capacity building to spur growth and enhance India’s capability to attract FDI in the face of intense competition from contemporary markets. The…
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Union Budget 2024-24
The Economic Survey, a customary curtain raiser to the Union Budget while sounding a cautionary optimistic note highlighted some major issues especially arising out of climate change, geo-political challenges and, of course, capital intensive technologies, such as Artificial Intelligence (AI) as potential areas of concern. In fact, while dealing with the challenges/threats of AI, the…
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Union Budget 2023-24
The Economic Survey 2022-23, a precursor to the Union Budget, highlights the triple whammy of the COVID pandemic, Russia-Ukraine conflict and the looming worldwide surge in inflation as factors which have hit the global economy since 2020. In this scenario, the survey forecasts a somewhat muted 6% to 6.8% economic growth for India in real…
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Union Budget 2022-23
Over the years with fiscal economic initiatives being rolled out at regular intervals and the introduction of the Goods and Services Tax, the excitement traditionally associated with the annual Budgetary exercise of the Central Government has somewhat dissipated. Nevertheless, it still remains the most exciting event on India’s economic calendar, more so in the background…
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