Budget 2023: This Is how the budgetary allocation compares with last year

The government has proposed on creating infrastructure by increasing the capital expenditure by 33 per cent to Rs 10 trillion

Finance Minister Nirmala Sitharaman presented on Wednesday her fifth and this government's last full Budget before the general election next year, laying a renewed focus on capital expenditure to fire up the economy when the global economic situation remains in flux.

The finance minister announced an increase in outlay for capital expenditure by 33 per cent to Rs 10 trillion. She has also proposed to make significant investments in boosting consumption. The Budget, officials say, is made with an aim to ensure every critical sector gets adequate attention and their financial needs are optimally met.

Sitharaman said this was the