Union Budget 2023: Industry expects increased cash flow from government

2022-23 fast approaching, India awaits multiple announcements that can boost the economy and augment investor confidence. The overarching theme for this year’s budget is the government’s continuous focus on creating new-age infrastructure and providing businesses with support and incentives.

A key element in achieving the $5 trillion economy goal is robust infrastructure growth, a major economic driver in India. While the government has laid out a vision to invest $1.5 trillion, it serves as a catalyst for further growth by propelling the development of allied industries.