An Amrit Kaal Road Map For India To Achieve Glory

By Gopal Krishna Agarwal,

This year’s Budget is a document with a futuristic vision. The government has listed seven priorities (saptrishi) that will guide policymaking on the road to 2047.
The Narendra Modi government’s approach to balancing the macroeconomic challenges of fighting recession, controlling inflation, and meeting the fiscal deficit consolidation target is clear in Union Budget 2023-24. When global economies are reeling under inflation and being sucked into a recessionary cycle, India continues to be an outlier with manageable inflation, a high Gross Domestic Product (GDP) growth rate, and a well-calibrated fiscal consolidation glide path.