Episode 179: The Indian Budget 2023

On 1 February 2023, the Indian Finance Minister Nirmala Sitharaman presented the Budget for Fiscal Year 2023-24. Presented as the first Amrit Kaal budget, it gains importance as it comes at a time when the world faces a gloomy economic prospect. It is also the last full budget of the current Modi administration before India heads to polls in 2024. To unpack the budget in detail, in this edition of South Asia Chat, Ms Divya Murali, Research Analyst, ISAS, is in conversation with two experts – Mr Vinod Rai, Distinguished Visiting Research Fellow, ISAS and Former Comptroller and Auditor General of India, and Dr Amitendu Palit, Senior Research Fellow and Research Lead (Trade and Economics), ISAS. They discuss announcements pertaining to direct taxes, indirect taxes, growth, and the political implications of the budget.