Union Budget 2023: An opportunity to boost investment and consumption

Easing of norms to set up and run enterprises will attract investments in a big way; however, the govt should also ensure that populist measures in the budget don't hamper economic growth

The Budget session of the Indian Parliament will be held between January 31 and April 6. There are several discussions and opinions about what should be and what is in the Budget. The Budget comes amid significant developments globally over the past few years. The global economic crisis stemming from Covid-19 and the disruption of global supply chains on account of the Ukraine-Russia war have brought both hardships and opportunities for India.The possibility of a global recession in 2023 adds to the importance of the Budget.

A key aspect the budget should look at is attracting investment. Private investments must