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Budget 2023 comes at a time when the economy is tantalisingly poised between excessive optimism and concerns worrying economists.
On the optimism front is the fact that India is among the best recovering large economies after the pandemic – with the government sector performing well, and with its buoyant tax revenue. On the other hand, private consumption expenditure and private capital formation aren't quite strong. Inflation is tamed, but only to an extent. Fiscal deficit, too, is also on the higher side.
How will Finance Minister Nirmala Sitharaman handle it all?
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