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Budget 2023 Expectations: We asked India Inc’s top CEOs the one reform they wanted. Here’s what they said

Budget 2023: Capex support, measures to boost consumption, investment in renewable energy and more allocation for PLI schemes topped the wishlist

January 27, 2023 / 08:47 PM IST

Finance Minister Nirmala Sitharaman will present the Budget for fiscal year 2024 on February 1 in the backdrop of an emerging post-COVID world, soaring inflation and tightening of monetary policies across developed and developing markets and geopolitical factors that may realign global distribution channels.

There are a slew of expectations of North Block, but the big reforms India Inc is rooting for in the Budget range from measures aimed at boosting consumption and capital expenditure to spurring investment and innovation.

Capex support

Measures to encourage capital spending in the economy and fresh social sector initiatives through new central schemes could be among the key themes in the upcoming budget as the government aims to strengthen its bid for reelection in 2024.